The Japanese Yen (JPY) step down just under Y81 but kept to a 20 pip range with all the action on the crosses. EUR/JPY led the rest down below Y116 before consolidating. GBP/JPY is once again back under Y130 with sentiment still very sour towards the risk sensitive cross. Overall the USD/JPY traded with a low of 80.75 and a high of 81.11 before closing the day around 80.85 in the New York session.
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