JPY Trading Outlook (04-03-2011)

The Japanese Yen (JPY) was weaker across the board in a strong risk on move that sent the USD/JPY back above Y82. EUR/JPY was the best performer sky rocketing on ECB announcement. Overall the USD/JPY traded with a low of 81.71 and a high of 82.53 before closing the day around 82.35 in the New York session.

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