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11 Mar 2015
USD/JPY risks tilted to the upside – OCBC
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank, notes that USD strength could keep the risks for USD/JPY tilted to the upside towards 122.
Key Quotes
“USD-JPY’s path higher may be stymied somewhat if investor jitters re-surface again with immediate support expected towards 120.80.”
“However, the expected profile may remain tilted to the upside multisession towards 122.00 if the dollar story continues to play out.”
Key Quotes
“USD-JPY’s path higher may be stymied somewhat if investor jitters re-surface again with immediate support expected towards 120.80.”
“However, the expected profile may remain tilted to the upside multisession towards 122.00 if the dollar story continues to play out.”