The Japanese Yen (JPY) the Yen was sold aggressively on the crosses and even sold against the USD after the stock gains overwhelmed the USD/JPY selling. AUD/JPY soared from Y77 to Y80 and EUR/JPY reclaimed the key Y110 level. Traders have been selling the crosses on rallies and today& rsquo s price action will be critical to see if the downtrend is over.
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