“UOB Predicts Diminishing Chances for More Gains in USD/JPY: Is a Reversal Imminent?”
uotes: “USD/JPY has been unable to sustain a move beyond 135.75 and the rapidly deteriorating momentum suggests that further attempts are unlikely.” – Lee Sue Ann, Economist, UOB Group “USD/JPY’s advance appears to be stalling and while the rapid loss of upward momentum does not necessarily imply a more significant top is in place, it […]