JPY Trading Outlook (17-11-2010)

The Japanese Yen (JPY) weakened against the strengthening dollar but was well support of safe haven flows against most crosses. USD/JPY pushed for fresh month highs above Y83.50. Overall the USDJPY traded with a low of 82.83 and a high of 83.61 before closing the day around 83.35 in the New York session.

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