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Forex pairs in this Article » USD/JPY (Barcelona) - Emmanuel Ng of OCBC Bank notes that softer US Treasury yields failed to dent the USD/JPY with the market more focused on the dovish underpinnings of the Japanese authorities.

Key Quotes

“Intra-day, the pair may continue to mull the psychological junction at 100.00 with supportive influences from a positive risk appetite environment.

“Expect first resistance at 100.60 while 99.80 may offer interim support before 99.50.”
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