JPY Trading Outlook (10-01-2013)

The Japanese Yen (JPY) USD/JPY began its move in Asia rising from Y86.80 to Y88.00 be the end of the trading day with Japanese official ramping up the rhetoric on plans to increase fiscal spending. All the Yen crosses enjoyed gains on the back of the major and we are now waiting for more details on the stimulus plans leaked over the last few trading days.

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