The Japanese Yen (JPY) the yen was strong testing Y83.50 twice during the day on concerns the nuclear crisis was worse than initially forecast and the market bought the safe haven. Intervention fears have subsided and USD weakness/strength has begun to set the tone for major. Overall the USD/JPY traded with a low of 83.45 and a high of 84.60 before closing the day around 83.70 in the New York session.
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