JPY AND EUR TO BENEFIT, BUT NZD AND AUD WILL BE THE BIGGEST WINNERS OF A 1990S-STYLE MILD RECESSION – SOCGEN

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If the economy slips into a mild – but still traumatic – recession, the Yen will benefit, and so will the Euro, but the biggest winners may be the NZD and the AUD, according to Kit Juckes, Chief Global FX Strategist at Société Générale.

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