The Japanese Yen (JPY) was a big mover coming under pressure when Moody& rsquo s put the Aa2 rating on negative watch. USD/JPY surged back above Y81 and the found resistance at Y81.75. EUR/JPY was even more aggressive pushing above Y117. Overall the USD/JPY traded with a low of 80.50 and a high of 81.79 before closing the day around 81.50 in the New York session.
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