The Japanese Yen (JPY) the USD/JPY reacted positively to the US Jobs data but failed to break Y77 and fell back to Y76.60 with weakness in the EUR/JPY cross. EUR/JPY fell 1 Yen after the downgrades but is still supported as it rallies from year lows at Y101. AUD/JPY is also grinding higher support on dips and above the Y75 level.
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