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Posted by
Two Blokes May 21 -
Filed in
Forex
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There is scope for US Dollar (USD) to edge lower to 143.80 vs Japanese Yen (JPY); a sustained break below this level seems unlikely. In the longer run, the bias for USD is on the downside toward 143.80, potentially to 143.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.