The Japanese Yen (JPY) The USD/JPY was the main currency in play with traders cautious of a G20 statement that highlighted the recent aggressive monetary policy and Yen weakness. USD/JPY fell to Y92 and EUR/JPY to Y123 before a leaked G20 draft statement was quiet on Japan. The market took this as implicit permission for Japan’s policies. The next big Japanese news will be the new BOJ Governor selection.
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