The Japanese Yen (JPY) took advantage of the weak USD to push slowly towards Y83 the crosses supported and the pair stayed inside a small trading range. The previous point of intervention was at Y82.88 and the market will be interest to see the Governments response to the Yen trading at those levels. Overall the USDJPY traded with a low of 83.15 and a high of 83.82 before closing the day around 83.50 in the New York session.
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