The Japanese Yen (JPY) USD/JPY fell sharply in Asia under Y82 before recovering in the US session but the crosses remained heavy with year lows for GBP/JPY under Y127. The Government has been giving more warnings in recent days as the major moves lower stating they will take action if necessary.Overall the USDJPY traded with a low of 81.80 and a high of 82.80 before closing the day around 82.40 inthe New York session.
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