-
Posted by
Two Blokes Jul 16 -
Filed in
Forex
-
5 views
There is room for US Dollar (USD) to rise further against Japanese Yen (JPY), but a sustained break above 149.30 is unlikely. In the longer run, conditions remain overbought, but strong momentum may continue to carry USD higher; the next level to monitor is 149.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
