USD/JPY remains under pressure – UOB

According to the research team at UOB Group, the pair still faces increasing downside pressure.

Key Quotes

“While USD is clearly on the defensive, the internal momentum is not as impulsive as we would like and it is unclear if the current weakness could extend significantly lower in the days ahead”.

“Bear...

EUR/USD depressed around 1.1350, US data eyed

The common currency remains on the defensive on Tuesday, with EUR/USD trading in the area of daily lows near 1.1350.

EUR/USD now looks to US releases

The pair has started the week on a negative note, retreating for the second consecutive session after being rejected from fresh 2016 tops near 1.1440 last...