USD/JPY: To Move Along With Real Money Flows Next Week - BTMU

USD/JPY: To Move Along With Real Money Flows Next Week - BTMU

18 March 2016, 19:25
Vasilii Apostolidi
0
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USD/JPY may settle down and move along with real money flows ahead of the Easter holiday next week, says BTMU.

"Japanese exporters JPY buying has been picking up gradually. Real flows may generate sizeable yen buying pressure, weighing further on USD/JPY ahead of the fiscal year-end," BTMU adds.

BTMU is bearish 0n USD/JPY in the near-term seeing the pair trading at 110.50-113.50 range.

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