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fxAug 17, 2026, 8:32 AM

UOB sees downside bias for USD/JPY within 158.00–160.20

UOB strategist Quek Ser Leang notes choppy USD/JPY trading, with the pair near 159.30 and a downside bias in the 158.00–160.20 range.

USDJPY

United Overseas Bank’s Quek Ser Leang noted choppy USD/JPY price action, with the pair closing around 159.30 after a dip to 158.58. Intraday direction remains unclear, with trading expected around 158.80 within the broader 158.00–160.20 band.

UOB retains a downside bias for the pair within that band, according to the note. The stated range remains the key framework, with no explicit breakout trigger provided.

Source: FXStreet Forex News