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Seeing further buying interest in the Yen

JPY
  • While the AUDJPY still holds and exchanges hands near the 107.00 handle, which it failed to fully clear this week, managed a 107.066 high, the Yen is seeing continued buying interest and is testing fresh session high against the Pound, the EUR and the USD.
  • This is clearly a Yen triggered move, since the Pound still holds gains versus the EUR and the USD, following the 1 tenth higher revision in the Final UK GDP, and US Yields are still tilted to the upside, not supportive of the USDJPY so far today.
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