JPY Trading Outlook (18-02-2011)

The Japanese Yen (JPY) the major struggled to maintain recent strength as the broad USD weakness weighed on the pair. Crosses though mostly headed higher with AUD/JPY pushing fresh multi-month highs above Y84. Overall the USD/JPY traded with a low of 83.33 and a high of 83.77 before closing the day around 83.35 in the New York session.

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