Home / JPY / USD/JPY to erode resistance at 110.80 towards the 111.00/20 zone – OCBC

USD/JPY to erode resistance at 110.80 towards the 111.00/20 zone – OCBC

USD/JPY moved through the first resistance at 110.50 before stalling at 110.80. Terence Wu, FX Strategist at OCBC Bank, expects the pair to march forward following higher US Treasury yields. “With …
Read Full Story at source (may require registration)