The USDJPY pair, currently trading at 145.139, appears to be experiencing a period of limited trading activity, according to UOB.

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USDJPY Chart by TradingView

USD/JPY could now attempt some consolidation within the 143.50-146.20 range in the next few weeks, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.

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