Japanese Yen: Range trading persists against US Dollar – UOB UOB strategists Quek Ser Leang and Lee Sue Ann note that USD/JPY price action has been volatile but ultimately little changed, with the pair closing near 157.82.
Their short-term view is for USD/JPY to stay confined within tight intraday ranges, while over the 1–3 week horizon they expect the Dollar to trade between 157.00 and 158.60 in a range-trading