Flash: USD/JPY to hold range 102.85-105.45 range - OCBC

FXstreet.com (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank notes that USD/JPY essentially ended flat on the day yesterday.

Key Quotes

“Our view for the pair remains unchanged with the 102.85-105.45 range expected to hold for now.”

“The BOJ begins its 2-day policy meeting today and the pair may continue to hug the 104.00 region in the interim.”