The Japanese Yen (JPY) pushed off the Y80 level grinding higher after the US central bank decision with US bond Yields increasing most noticeable on the 10 Year. A further bounce is possible given the lack of play QE3 is getting and a base in the USD/JPY may have been forged in recent weeks.Overall the USD/JPY traded with a low of 80.00 and a high of 80.43 before closing the day around 80.25 inthe New York session.
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