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  • USD/JPY to consolidate between 113.80 and 114.80 in the upcoming sessions - OCBC
Ekonomické zprávy
21.10.2021

USD/JPY to consolidate between 113.80 and 114.80 in the upcoming sessions - OCBC

FXStreet reports that economists at OCBC expect USD/JPY to enter a period of consolidation within a 113.80-114.80 range.

“Dips have been shallow and well-cushioned at 114.00. ”

“Retain view for consolidation between 113.80 and 114.80 in the upcoming sessions.”

“Upward extension in front and back-end UST yields is still the main driver for upside.”

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