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USD/JPY Range Forecasted by UOB: 157.90-159.80

Guavy AI Editorial Team
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USD JPY
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United Overseas Bank (UOB) Group's foreign exchange strategists predict that the Japanese yen will trade within a range of 157.90 to 159.80 against the US dollar in the near term.

This forecast reflects a market where both upside and downside movements are limited by prevailing economic conditions and central bank policies.

The range-bound view comes amid ongoing expectations regarding the Bank of Japan's monetary policy stance and the Federal Reserve's interest rate trajectory.

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