The Japanese Yen (JPY) was strong pushing to pre earthquake levels above Y82 on the hawkish comments from a Fed member that they may close the QE2 program early. AUD/JPY moved above Y84 and EUR/JPY above Y116. The Yen is under pressure technically with many pairs breaking higher altogether. Overall the USD/JPY traded with a low of 81.49 and a high of 82.55 before closing the day around 82.45 in the New York session.
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