Japanese Yen: Stays Weak Against Dollar, Losses Capped Below 159.95 – UOB Uob’s Quek Ser Leang and Lee Sue Ann Notes

Japanese Yen: Stays weak against dollar, losses capped below 159.95 – UOB UOB’s Quek Ser Leang and Lee Sue Ann notes USD/JPY climbed to 159.76 on Monday, closing at 159.65 with firmer upward momentum. Intraday, they see room for further gains but doubt a clear break above

Japanese Yen: Stays weak against dollar, losses capped below 159.95 – UOB UOB’s Quek Ser Leang and Lee Sue Ann notes USD/JPY climbed to 159.76 on Monday, closing at 159.65 with firmer upward momentum.

Intraday, they see room for further gains but doubt a clear break above 159.95, with support at 159.55 and

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