21 Jan 2015
All eyes on BOJ Kuroda’s press conference – OCBC
FXStreet (Barcelona) - The OCBC Bank Research Team notes that with BOJ Kuroda’s press conference scheduled ahead the USD/JPY pair is expected to anchor itself near 118.36 levels.
Key Quotes
“Expect all eyes to be on BOJ Kuroda’s press conference at 0630 GMT later today with the pair expected to anchor itself in the vicinity of its 55-day MA (118.36) in the interim with 120.00 providing a near term cap while 116.65 is expected to border the south.”
Key Quotes
“Expect all eyes to be on BOJ Kuroda’s press conference at 0630 GMT later today with the pair expected to anchor itself in the vicinity of its 55-day MA (118.36) in the interim with 120.00 providing a near term cap while 116.65 is expected to border the south.”