The Japanese Yen (JPY) consolidated above Y80.80 and grinded higher as the Yen remained weak across the board. EUR/JPY and AUD/JPY led the crosses higher as they tracked stock markets and their respective majors. Fears of further intervention is keeping Yen buyers very cautious. Overall the USD/JPY traded with a low of 80.80 and a high of 81.34 before closing the day around 80.15 in the New York session.
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