FXstreet.com (Barcelona) – Emmanuel Ng, FX Strategist at OCBC Bank notes that October CPI numbers released this morning came in largely as expected.
“The mood of USD/JPY may remain tilted to the upside pending further cues.”
“With supported posture of the pair may remain in place for as long as the 102.00 floor remains intact in the near term with upside way points seen at 102.50 and then 103.00 at this juncture.”
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