Japanese Yen: Upside risk while stuck in range against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight USD/JPY traded quietly between 157.27 and 157.87, closing at 157.74, with intraday momentum indicators flat. The pair is expected to stay in a 157.30–158.20 band near term.
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Spain 5-y Bond Auction rose from previous 2.835% to 3.005%

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