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18 Mar 2014
Flash: USD/JPY hinges on risk appetite - OCBC Bank
FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank, suggests the USD/JPY would depend on the risk trends.
Key Quotes
"Expect USD-JPY to remain a function of risk appetite developments in the immediate term and in the next few sessions, any resulting dollar dynamics arising from the mid-week FOMC".
"Multi-session, we look for a top heavy stance within a 101.00-102.30 band."
Key Quotes
"Expect USD-JPY to remain a function of risk appetite developments in the immediate term and in the next few sessions, any resulting dollar dynamics arising from the mid-week FOMC".
"Multi-session, we look for a top heavy stance within a 101.00-102.30 band."