The Japanese Yen (JPY) the USD/JPY had any interesting day initially unmoved by the EU announcement but then as EUR/JPY gains accelerated the major was lifted up near Y80 before resistance was found at the key level. The EUR/JPY moved 3 Yen higher from Y98.50 to Y101.40 before coming under consolidation. A big week of US data will keep the USD/JPY in play with the highlight Friday’s NonFarm Employment Report.
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