The Japanese Yen (JPY) remained at the Y82 level for most of the day with little news. Over the weekend the BOJ Gov talked down the economy stating that the earthquake could push the economy back into recession and this could lead to Yen weakness on Monday. Overall the USD/JPY traded with a low of 82.10 and a high of 82.10 before closing the day around 81.90 in the New York session.
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