USD/JPY constructive towards further upside potential - OCBC

FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank, maintains a bullish outlook on USD/JPY, anticipating another run towards 122.00 in the near-term.

Key Quotes

“Overnight hawkish comments from the Fed’s Fisher and Mester may see the USD-JPY continuing to push the envelope in the near term, making a potential run towards 122.00 before a reassessment.”

“We stay constructive towards further upside potential for the pair.”