The USD/JPY pair currently trades under heavy pressure amid ongoing dollar softness. As of the latest session, it registered at 140.34 levels, reflecting a cautious sentiment from OCBC’s FX analysts Frances Cheung and Christopher Wong as they anticipate movements ahead of significant meetings.

Consideration of macro-economic indicators will be essential as traders navigate this fluctuating landscape. Observing how the market reacts to potential data and news from both the U.S. and Japan will inform investment strategies moving forward.

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