The Japanese Yen (JPY) continued to be pressured as the new trend sent most pairs higher. USD/JPY move up to Y85.50 resistance but crosses traded at fresh year highs. EUR/JPY traded above Y122 to fresh post Debt crisis highs. Overall the USD/JPY traded with a low of 84.82 and a high of 85.55 before closing the day around 85.25 in the New York session.
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