The Japanese Yen (JPY) the USD/JPY pushed to topside resistance at Y81 and is threatening to break higher with stronger Yen crosses. The outlook for the major will be closely linked with US data and stock markets with any double dip talk leading to more downside pressure. Overall the USD/JPY traded with a low of 80.14 and a high of 80.90 before closing the day around 80.80 in the New York session.
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