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14 Apr 2015
USD/JPY: choppy within range – UOB
FXStreet (Barcelona) - Analysts at UOB Group, expect USD/JPY to trade choppily in the 119.80/120.60 range.
Key Quotes
“USD edged above last week’s peak of 120.65/70 with a high of 120.84. The subsequent sharp reversal from the high touched a low of 119.75 before rebounding. The outlook from here is rather unclear and further choppy trading is likely. Expected range; 119.80/120.60.”
Key Quotes
“USD edged above last week’s peak of 120.65/70 with a high of 120.84. The subsequent sharp reversal from the high touched a low of 119.75 before rebounding. The outlook from here is rather unclear and further choppy trading is likely. Expected range; 119.80/120.60.”