22 Jul 2015
USD/JPY rangebound within 123.00-124.50 – OCBC Bank
FXStreet (Edinburgh) - FX Strategist Emmanuel Ng at OCBC Bank sees the pair navigating within 123.00 and 124.50.
Key Quotes
“Comments from the BOJ’s Kuroda regarding inflation should not surprise but it remains to be seen if the central bank will continue to dissuade market expectations of further tweaks to its QE”.
“In the interim, the pair may continue to oscillate within a 123.00-124.50 range”.
Key Quotes
“Comments from the BOJ’s Kuroda regarding inflation should not surprise but it remains to be seen if the central bank will continue to dissuade market expectations of further tweaks to its QE”.
“In the interim, the pair may continue to oscillate within a 123.00-124.50 range”.