USD/JPY remains neutral near-term – UOB

The research team at UOB Group has reiterated the neutral bias on USD/JPY in the next 1-3 weeks.

Key Quotes

“We have held a neutral view since the middle of last month and at this stage, there is no change in our outlook”.

“Further choppy can be expected, likely in a broad 112.00/114.00 range”.

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