JPY Trading Outlook (13-12-2010)

The Japanese Yen (JPY) USD strength saw a grind higher on the major towards Y84 before consolidating in a quiet market. The market is also watching the BOJ closely to see if they will expand their own QE program. Overall the USDJPY traded with a low of 83.46 and a high of 84.01 before closing the day around 83.89 in the New York session.

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