The Japanese Yen (JPY) was able to bounce back slightly from Y81.40 to highs in the US session on stronger US ADP Private Jobs report. The market is still bearish on the Major but most crosses are well supported and this is creating a very stable USD/JPY. Overall the USDJPY traded with a low of 81.35 and a high of 81.88 before closing the day around 81.55 in the New York session.
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