The Japanese Yen (JPY) broke out of range to the downside and fresh all-time lows under Y76. The USD weakness was the main catalyst but the Y75 is widely seen as a level that main prompt intervention from Japanese Officials in either a verbal or real way. EUR/JPY and AUD/JPY are higher on the major& rsquo s rally but these are largely dependent on whether a positive EU debt solution is found by Wednesday.
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