The Japanese Yen (JPY) USD/JPY rallied gentle on the back of the dollar strength but EUR/JPY slumped with major. The next move is largely depends on whether stocks markets and Yen crosses can rally from the recent pull back. Overall the USD/JPY traded with a low of 79.82 and a high of 80.48 before closing the day around 90.30 in the New York session. UPDATE Chinese Trade Balance at 13.1bn vs. 11.4bn previously.
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