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10 Feb 2015
USD/JPY to move lower – OCBC
FXStreet (Barcelona) - According to Emmanuel Ng of OCBC Bank, USD/JPY might move lower towards 118.00 levels.
Key Quotes
“With the dollar losing conviction on the upside and amid background investor nervousness, the USD-JPY may shy away from its 55- day MA (118.74) and gravitate towards 118.00 instead pending further cues.”
Key Quotes
“With the dollar losing conviction on the upside and amid background investor nervousness, the USD-JPY may shy away from its 55- day MA (118.74) and gravitate towards 118.00 instead pending further cues.”