4 Sep 2013
Flash: USD/JPY eyes 100.00 on BoJ meet - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that with the pending BoJ meeting, USD/JPY may begin to eye the key 100.00 level.
Key Quotes
“The BOJ begins its 2-day policy meeting today and against a backdrop of a supported dollar, the 100.00 resistance may remain on the cards.”
“The only spoiler towards this view is if undue uncertainty emerges from the Syrian complex, with resulting risk aversion likely underpinning the yen instead.”
Key Quotes
“The BOJ begins its 2-day policy meeting today and against a backdrop of a supported dollar, the 100.00 resistance may remain on the cards.”
“The only spoiler towards this view is if undue uncertainty emerges from the Syrian complex, with resulting risk aversion likely underpinning the yen instead.”