{"id":206516,"date":"2023-12-05T14:03:04","date_gmt":"2023-12-05T08:33:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=206516"},"modified":"2023-12-05T14:03:04","modified_gmt":"2023-12-05T08:33:04","slug":"a-decline-to-146-00-seems-probable-uob-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/a-decline-to-146-00-seems-probable-uob-crypto-news\/","title":{"rendered":"A decline to 146.00 seems probable \u2013 UOB – Crypto News"},"content":{"rendered":"

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In the opinion of UOB Group\u2019s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, USD\/JPY<\/strong><\/a> could lose further ground and revisit the 146.00 zone in the next few weeks.<\/p>\n

Key Quotes<\/h2>\n
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24-hour view:\u00a0We expected USD to drop to 146.00 yesterday. Our expectation did not materialise as USD dropped to 146.21 and then rebounded strongly to 147.48. Downward pressure has eased with the rebound. Today, USD is likely to trade in a range, probably between 146.50 and 147.60.\u00a0<\/p>\n<\/blockquote>\n

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Next 1-3 weeks:\u00a0Yesterday (04 Dec), when USD was trading at 146.50, we indicated that the recent USD weakness has resumed. We also indicated that if USD \u201cbreaks below 146.00, the focus will shift to 145.05.\u201d USD then dropped to 146.21 and rebounded. We continue to hold the same view for now. Overall, only a breach of 148.10 (no change in \u2018strong resistance\u2019 level) would suggest that USD is not ready to break below 146.00.\u00a0<\/p>\n<\/blockquote><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: In the opinion of UOB Group\u2019s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, USD\/JPY could lose further ground and revisit the 146.00 zone in the next few weeks. Key Quotes 24-hour view:\u00a0We expected USD to drop to 146.00 yesterday. Our expectation did not materialise as USD dropped to 146.21 and […]<\/p>\n","protected":false},"author":2,"featured_media":6406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,276,255,250,277,252,247,253,249,275,256,254],"class_list":["post-206516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-majors","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/206516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=206516"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/206516\/revisions"}],"predecessor-version":[{"id":206517,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/206516\/revisions\/206517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6406"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=206516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=206516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=206516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}