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Japanese Yen: Set for further gains against US Dollar - UOB

Reported · Written up by our desk · Major Pairs

United Overseas Bank strategists (UOB) Quek Ser Leang and Lee Sue Ann note a steep USD/JPY selloff as safe-haven demand for Japanese Yen (JPY) surged on geopolitical tensions and falling US Treasury yields.

Latest closeUSD/JPY 156.81 ▼0.8%

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FXStreetJapanese Yen: Set for further gains against US Dollar - UOB

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