JPY Trading Outlook (19-01-2011)

The Japanese Yen (JPY) was contained to Monday&rsquo s range with the market moving on US Treasury Yield fluctuations predominately. Crosses are reflecting moves in their respective majors so are all moving higher tracking equity markets led by the EUR/JPY. Overall the USDJPY traded with a low of 82.31 and a high of 82.85 before closing the day around 82.60 in the New York session.

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