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Yen Dips Post-Fix Amid Equity Strength

FOREX

Yen crosses pushed higher after the Tokyo fix amid continued gains for U.S. e-mini futures & positive showing from Asia-Pac equity benchmarks.

  • USD/JPY printed a fresh session high at Y133.29 and last deals just shy of there at Y133.15.
  • Regional risk barometer AUD/JPY swung into a gain and last deals at Y92.80, up 16 pips on the day.
  • Apparent improvement in market sentiment has lifted the Antipodeans off their session lows, with AUD/USD back to neutral levels.
  • USD/KRW 1-month NDF have now sank below KRW1,300, lodging new weekly lows.

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