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Still Under Pressure

JPY

JPY remains under pressure languishing at the bottom of the G10 FX table in holiday-thinned Asia-Pac dealing, with wider spreads in play and lower liquidity meaning that bursts of activity have provided the most notable moves. USD/JPY has registered a fresh cycle of Y126.56 in the process, before backing off to last deal ~45 pips higher on the day, around the Y126.35 mark.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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