The Japanese Yen (JPY) USD/JPY kept very quiet for another day with the market moving more on the crosses. The EUR/JPY fell after the Portugal news but the AUD/JPY remained strong and edged higher with stocks. Overall the USD/JPY traded with a low of 80.69 and a high of 81.09 before closing the day around 80.90 in the New York session. UPDATE February Trade Balance at 654bn vs. 894bn previously.
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