JPY Trading Outlook (09-06-2011)

The Japanese Yen (JPY) A break below Y80 on the major helped all crosses fall heavily with EUR/JPY and AUD/JPY leading. The Yen is been the safe have of choice since the USD is under its own debt cloud. &nbsp Overall the USD/JPY traded with a low of 79.68 and a high of 80.22 before closing the day around 79.90 in the New York session.

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