USD/JPY unlikely to extend the drop below 102.70 – UOB

A move below 112.70 in USD/JPY appears not favoured for the time being, noted UOB Group’s FX Strategists. Key Quotes 24-hour view: “We expected USD to
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GBP/JPY pares intraday losses to eight-week low, remains depressed below 151.00

The GBP/JPY cross trimmed a part of its intraday losses to the lowest level since October 4 and was last seen trading around the 150.80-85 region, sti
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