USD/JPY: Likely to trade in a range of 157.90/158.80 – UOB Group
US Dollar (USD) is likely to trade in a range of 157.90/158.80. In the longer run, USD appears to have entered a consolidation phase between 157.10 and 159.10, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.
SD appears to have entered a consolidation phase
24-HOUR VIEW: "Yesterday, we were of the view that USD 'is likely to trade in a range between 157.60 and 158.60'. USD then dipped to 157.73, rebounded to 158.53 before closing largely unchanged at 158.25 (+0.06%). The price action has resulted in a slight increase in upward momentum, but instead of a continued advance, USD is more likely to trade in a higher range of 157.90/158.80."
1-3 WEEKS VIEW: "We continue to hold the same view as yesterday (21 Jan, spot at 158.15). As stated, USD 'appears to have entered a consolidation phase', and for the time being, USD 'is likely to trade between 157.10 and 159.10'."
Related Articles
Intel’s Foundry Business Faces a Turning Point in 2026 — Earnings Could Be the Latest Catalyst
TradingKey - Amid a wave of “Sell America” sentiment sweeping across U.S. tech stocks, Intel (INTC) has stood out, bucking the broader market downturn. The stock has risen nearly 140% over the past year. For investors, the next potential catalyst lies just ahead—Intel’s upcoming earnings report.
Netflix Slumps as All-Cash Warner Bid Drains the Buyback Tank
TradingKey - After hours on January 20 ET, Netflix (NFLX) released its Q4 2025 earnings report. Despite both revenue and earnings beating expectations, the stock slumped nearly 5% after hours, retreating to its lowest level since the panic of last April.
OpenAI Hits $20 Billion Revenue Milestone, But the Math Still Leads to Ads
TradingKey — OpenAI CFO Sarah Friar disclosed in a blog post last Sunday that the company’s 2025 Annual Recurring Revenue (ARR) has exceeded $20 billion, up from $6 billion in 2024 and 10 times the $2 billion annualized revenue recorded in 2023. Despite surging revenue, the expenditure situation has
AGI Approaches: 2026 May Be Artificial Intelligence Turning Point, Musk Warns White-Collar Class Will Bear the Brunt
TradingKey — Have you noticed that the pace of artificial intelligence evolution is exceeding the limits of human intuitive perception? From the debut of ChatGPT to the rapid rise of multimodal AI systems, the development of AI technology has demonstrated a non-linear, exponential acceleration in just a few short years. Technological replacement cycles are compressing, and an era defined as a "historical turning point" may be upon us.
