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Japanese Yen: Range trading remains intact against US Dollar – UOBtranslating…
UnknownFX Publishing Co.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY held in a narrow band around 159.35, with a slight uptick in upward momentum. They expect this to translate into trading between 159.15 and 159.65 rather than a sustained advance.