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Old 16-10-2013, 14:19
farid farid is offline
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Default Re: OctaFX.Com - Financial News and Analysis





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Flash: USD/JPY remains supported above 98.00 – OCBC[/color]




FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank, suggests that the USD/JPY has remained supported above 98.00 in the past few sessions with the US fiscal concerns not managing to infect broader global markets and with investors still hopeful for a eleventh-hour deal.

“The situation could still swing both ways in the near term and the pair may remain anchored near its 55-day MA (98.32) within a 98.00-99.00 band pending further cues.”





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Oct 16,2013
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