Yen Pressured Against US Dollar

USD/JPY holds firmer tone within 161.30-163.00 range The Japanese Yen is under pressure against the US Dollar, with the USD/JPY exchange rate likely to hold a firmer tone. The exchange rate is expected to be confined to a higher 162.30-162.70 range. Over th

USD/JPY holds firmer tone within 161.30-163.00 range

The Japanese Yen is under pressure against the US Dollar, with the USD/JPY exchange rate likely to hold a firmer tone.

The exchange rate is expected to be confined to a higher 162.30-162.70 range.

Over the next few weeks, a broader consolidation between 161.30 and 163.00 is expected.

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