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JPY crosses take another leg lower as risk......>

YEN
YEN: JPY crosses take another leg lower as risk takes a hit in Europe. EURJPY
comfortably holds below Y124 with downside target at Y123.53/40 from the Jan
16-15 lows. The earlier break of Y140.00 has seen GBPJPY accelerate the
downtrend to Y139.51, opening yesterday's low at Y138.99. AUDJPY touched Y77.76,
CADJPY prints lows of Y81.70, while NZDJPY approaches the 23.6% retracement
level of Y69.14-74.43 at Y73.19. 

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