USD/JPY trading is confined to narrow ranges - UOB Group

FXStreet (Guatemala) - Quek Ser Leang, Market Strategist at UOB Group noted the conditions in which the USD/JPY is performing.

Key Quotes:

"Neutral outlook, expect trading to be confined to 101.40/102.60 for this week."

"USD/JPY is trading in a neutral contracting range. The recent narrow ranges will likely persist for this week, expect trading to be confined to a 101.40/102.60 range."