7 Apr 2014
Expect a volatile USD/JPY this week - OCBC Bank
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank believes that it could be a volatile week ahead for USD/JPY.
Key Quotes
“The Fed’s Bullard (non-voter) and Evans make an appearance tonight and the pair may continue to settle within a 103.00-104.00 range pending further cues.”
“Expect potential for volatility this week, not least from the FOMC minutes as well as the BOJ MPC, not to mention the potential for risk appetite swings. In the interim, we continue to remain supported on the pair.”
Key Quotes
“The Fed’s Bullard (non-voter) and Evans make an appearance tonight and the pair may continue to settle within a 103.00-104.00 range pending further cues.”
“Expect potential for volatility this week, not least from the FOMC minutes as well as the BOJ MPC, not to mention the potential for risk appetite swings. In the interim, we continue to remain supported on the pair.”