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USD/JPY Reverses Overnight Gains

JPY
  • USD/JPY now erased all overnight gains, with the pair now approaching yesterday's lows at 109.25 which could provide some support.
  • Best volumes of the session so far go through in JPY futures on the move, with around 2,500 contracts traded inside the past 10 minutes or so.
  • Move looks USD-driven, with EUR/USD and GBP/USD both improving in tandem.

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