USD/JPY: Any decline is likely part of a lower range of 142.10/143.45 – UOB Group

  • Scope for US Dollar (USD) to weaken further vs Japanese Yen (JPY); any decline is likely part of a lower range of 142.10/143.45. In the longer run, risk is still on the downside, but it remains to be seen if USD can maintain its pace of decline.