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12 Mar 2015
USD/JPY may continue to creep higher – OCBC
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank, maintains the bullish outlook for USD/JPY, expecting a move towards 122.00.
Key Quotes
“The pair may continue to creep higher multi-session, especially in light of hawkish comments from the Fed’s Bullard (non-voter) in the FT. As noted yesterday, the expected profile may remain tilted to the upside multi-session towards 122.00 if the dollar story continues to play out.”
Key Quotes
“The pair may continue to creep higher multi-session, especially in light of hawkish comments from the Fed’s Bullard (non-voter) in the FT. As noted yesterday, the expected profile may remain tilted to the upside multi-session towards 122.00 if the dollar story continues to play out.”