- Analytics
- News and Tools
- Market News
- USD/JPY: Break below 114.80 to put 114.00 back in focus – OCBC
USD/JPY: Break below 114.80 to put 114.00 back in focus – OCBC
USD/JPY continues to move sideways near 115.00. Economists at OCBC Bank expect the pair to target the 114.00 level on a break under the 114.80 support.
Headline driven
“Note that the implied valuations are climbing towards spot, a sign that the yield differentials are having a greater impact than risk dynamics.”
“Immediate support at 114.80, with a breach putting the 114.00/20 zone in sight.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
