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November 18, 2024

USD/JPY: Set to drop below 153.85 – UOB Group

Chance for US Dollar (USD) to drop below 153.85; the major support at 153.20 is unlikely to come under threat. In the longer run, pullback in USD could extend to 153.20, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

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