The Japanese Yen (JPY) the USD/JPY was another big mover last night finally breaking out of the range to the topside above Y77. The talk in the market that Japan will ask the G20 to allow them to put a floor under the USD/JPY in a move reminiscent of the SNB and the EUR/CHF floor earlier this year. Yen Crosses all moved aggressively higher led by AUD/JPY.
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