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Lagarde speech: Not seeing elements of stagflation now

European Central Bank (ECB) President Christine Lagarde dismissed risks of stagflation in her speech at the Institut Montaigne, in Paris, on Monday.

USD/JPY set to reach the psychological 120 level – OCBC

The JPY weakness extended beyond 119.00. Economists at OCBC expect the pair to reach the 120 level but remain cautious about further gains beyond this
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USD/JPY: Rising bets for a move to 119.70 – UOB

In light of the ongoing uptrend, USD/JPY could now test 119.70 in the short-term horizon, noted FX Strategists at UOB Group. Key Quotes 24-hour view:
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