The Japanese Yen (JPY) was the safe haven of choice in the market yesterday with the US downgrade sending investors to push USD/JPY below Y83 to Y82.50 supports. EUR/JPY was the biggest move falling over 3 big figures as risk aversion picked up. Overall the USD/JPY traded with a low of 82.17 and a high of 83.22 before closing the day around 82.55 in the New York session.
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