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December 12, 2024

USDJPY Swings in Range; Potential for Gradual Gain

The outlook for the US Dollar against the Japanese Yen is currently mixed. Analysts suggest that USDJPY might trade within a range, likely between 151.00 and 152.79. Over a longer timeline, there is a possibility of a gradual momentum build that could push the USD towards 153.30, according to UOB Group analysts Quek Ser Leang and Lee Sue Ann.

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