The Japanese Yen (JPY) fell below Y81 on Dollar weakness but was relatively unchanged on most of the crosses. April CPI was strong at 0.6% vs. -0.1% previously. US data is still very important for the major and is responsible for most of the direction. Overall the USD/JPY traded with a low of 80.70 and a high of 81.30 before closing the day around 80.90 in the New York session.
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