The Japanese Yen (JPY) was the quietest pair in the market ranging in 30 pip range for most of the day against the USD but did manage gains against the EUR and GBP. The USD/JPY direction will be largely dependent on the US data this week. Overall the USDJPY traded with a low of 82.55 and a high of 83.01 before closing the day around 82.65 in the New York session.
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