The Japanese Yen (JPY) broke above Y84 and surged to month highs at Y84.50 on increasing US yields and noticeable change in medium term outlook from many analysts. The multi year down trend found support near all time lows at Y80 and is beginning to creep higher. Overall the USDJPY traded with a low of 83.63 and a high of 84.53 before closing the day around 84.20 inthe New York session.
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