JPY Trading Outlook (22-10-2010)

The Japanese Yen (JPY) pushed higher in the Asian session as US Treasury Sec Geithner said he did not perceive the Euro and the Japanese Yen to gain much further against the USD. Nonetheless the USDJPY failed to break out of its recent range trading with a low of 80.93 a high of 81.82 before closing the day at 81.32

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