Forex Flash: USD/JPY next objective at 87.50 - OCBC
Forex pairs in this Article » USD/JPY
FXstreet.com (Barcelona) - Expectations of a dovish BOJ shoud keep the Yen under pressure across the board, says the strategy team at OCBC. The bank expects USDJPY to find immediate layer of bids near 86.00, "especially with global risk appetite levels still looking positive" they note. The USDJPY met OCBC 85.95 target and the bank sets now next objective at 87.50.