Hachi was here. 45% confidence
Manufacturing Shifts Driven By Devaluation
The single retrieved article is about Nigerian local production/import substitution policy and is unrelated to European manufacturers responding to EUR/JPY or EUR/CNY currency movements. There is no evidence confirming sourcing shifts driven by the described devaluation, nor is there evidence matching the falsification criteria of currency reversal without sourcing changes. Overall, no relevant signal is available to assess the prediction.
What would prove this wrong
The EUR/JPY and EUR/CNY rates reverse or stabilize without prompting any observable sourcing shifts among European manufacturers.