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Yen Holding Firmer, Friday's Low In Tact For Now

CROSS ASSET

USD/JPY is down ~0.3% in Asia today, last printing at ¥137.55/65. Risk appetite has weakened in recent dealing boosting the Yen and US Tsys, whilst weighing on E-minis and the Antipodeans as the market awaits fresh updates regarding the US debt ceiling.

  • Friday's low ¥137.43 is intact for now in USD/JPY, the next support level comes in at ¥136.31 low from May 17.

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