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Forex pairs in this Article » USD/JPY (Athens) – Emmanuel Ng of OCBC Bank says with the dollar in ascendance in the near term, the USD/JPY may attempt to repel any dips towards the 55-day MA (98.43).

Key Quotes

“Meanwhile, with positive risk appetite mildly supportive of the JPY-crosses, the next USD/JPY resistance around 99.00 remains in sight despite the less than hawkish tone from Fed rhetoric yesterday.”
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