6 Apr 2015
USD/JPY: too early to expect a low – UOB
FXStreet (Barcelona) - Analysts at UOB Group give the outlook for USD/JPY, noting that the current weakness is over-stretched.
Key Quotes
“While the current USD weakness is severely over-stretched, it is too early to expect a low just yet. Expect any rebound to hold below 119.20 for a move to 118.50.”
Key Quotes
“While the current USD weakness is severely over-stretched, it is too early to expect a low just yet. Expect any rebound to hold below 119.20 for a move to 118.50.”