USD/JPY starting to become neutral looking - UOB Group

By | Updated July 30, 2014 AAA

FXStreet (Guatemala) - The Market Strategy Team at UOB Group are changing their view on USD/JPY.

Key Quotes:

"The break below 101.50 earlier this morning means our recent view for a move towards 102.45 is wrong. The outlook for USD appears to be neutral from here, expect 101.20/102.25 range for the next 1 to 1.5 weeks."

You May Also Like

Related Forex Analysis
  1. Forex News

    Asia Recap: AUD bids re-enter market as RBA holds rates

  2. Forex News

    USD/JPY to test 120.79 before pulling back – ElliottWave-Forecast

  3. Forex News

    USD/JPY short-term upside momentum improving – UOB

  4. Forex News

    USD/JPY: Early sell-off attributed to Honda's comments

  5. Forex News

    USD/JPY might see a dip towards 119.00-118.70 – Kshitij Consultancy

Trading Center