The Japanese Yen (JPY) was strong as USD/JPY fell in Asia from light profit taking but was well supported near Y83. Q4 GDP showed a -0.3% print vs. -0.5% forecast but is still negative, showcasing the struggles of the Japanese economic recovery. Overall the USD/JPY traded with a low of 83.08 and a high of 83.2 before closing the day around 83.35 in the New York session.
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