A couple of analysts on the yen, despite the 'flight to safety' see a case for it to weaken.
- S&P ratings say if economic growth in Japan slows further than expected (vs. the US) yen to weaken as a 'shock absorber' with BOJ monetary policy setting rates already so low.
- AMP (in Australia) says if the virus outbreak in Japan worsens and the US remains relatively free of the outbreak USD/JPY could test 120
