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Posted by
Two Blokes Jul 28 -
Filed in
Forex
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1 view
There is room for US Dollar (USD) to rise further against Japanese Yen (JPU), but any advance is likely part of a 147.25/148.25 range. In the longer run, upward momentum is starting to build, but USD must first close above 148.25 before a sustained rise can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
