The Japanese Yen (JPY) USD/JPY started to rally on Friday as the USD moved higher on the FED speak from Plosser. EUR/JPY and GBP/JPY held up well even as the majors fell and could be set for moves higher over the medium term as they edge closer to raising rates themselves. Overall the USD/JPY traded with a low of 80.87 and a high of 81.49 before closing the day around 81.40 in the New York session.
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