USD/JPY: Upside momentum continues to build – UOB By pabspiovano USDJPY Currencies Majors Banks
to the 124.30/60 region in the next weeks, commented FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang.24-hour view: “Our expectations for ‘further USD strength to 124.30’ did not materialize as it rose to 124.05 before pulling back. The current movement is viewed as part of a consolidation and USD is likely to trade between 123.10 and 123.95 for today.”
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