20 Nov 2013
Flash: USD/JPY buoyed – OCBC
FXstreet.com (London) - Emmanuel Ng at OCBC expects the USD/JPY to remain buoyed.
Key Quotes:
“Despite the yuan news flow and bearish dollar implications, still positive risk appetite levels kept the JPY-crosses buoyed and the USD/JPY intact above 100.00”.
“We look for continued base building behaviour around the century mark pending the FOMC minutes while still adhering to our supported bias for the pair”.
Key Quotes:
“Despite the yuan news flow and bearish dollar implications, still positive risk appetite levels kept the JPY-crosses buoyed and the USD/JPY intact above 100.00”.
“We look for continued base building behaviour around the century mark pending the FOMC minutes while still adhering to our supported bias for the pair”.