USD/JPY remains locked within the 108.80-110.00 range – UOB
Further rangebound in USD/JPY stays well on the cards in the short-term horizon, commented FX
Financial and Business News
Further rangebound in USD/JPY stays well on the cards in the short-term horizon, commented FX
AUD/USD witnessed some selling on Thursday amid a goodish pickup in the USD demand. Mixed
NZD/USD refreshes intraday low, stays pressured for third day after data from Australia and China.
During May, the US dollar weakened notably against the euro, moving from 1.2029 to 1.2195. The
FX Strategists at UOB Group note USD/JPY is expected to keep the 108.80-110.00 range for
One-month risk reversal on USD/CAD, a measure of the spread between call and put prices, turns
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In opinion of FX Strategists at UOB Group, Cable remains side-lined between the 1.4090-1.4250 range
FX Strategists at UOB Group noted EUR/USD is expected to remain within the 1.2150-1.2265 consolidation
USD/TRY extends Tuesday’s recovery moves, rallies over 1,400 bps on PM Erdogan’s comments. Turkey’s PM