The Japanese Yen (JPY) the USD/JPY is starting to edge higher testing the topside of the recent range and threatening to breakout as US data impresses. The Japanese economy is expected to remain weak for the foreseeable future and as such any US pick up would help the bullish case that many analysts expect next year for the USD/JPY. Crosses are more beholden to stock markets and AUD/JPY finished quite strong.
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