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USD/JPY still rangebound around 112/114.55 – UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The research team at UOB Group has reiterated its neutral stance on USD/JPY for the next 1-3 weeks.

    Key Quotes

    “We have held a neutral view since the middle of last month and at this stage, there is no change in our outlook”.

    “Further choppy can be expected, likely in a broad 112.00/114.00 range”.
    For more information, read our latest forex news.

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