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The Yen is under renewed pressure

JPY
  • The Yen takes another leg lower against the EUR, GBP, AUD, and now the USD.
  • The Pound and the AUD are still far off their 2023 highs, but a test to 159.92 in EURJPY, is the October high and the highest print since June 2008.
  • USDJPY printed a 150.78 high last week, highest print since June 1990, now trading at 150.39.

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