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Yen under further pressures

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  • JPY is seeing further selling as Europe comes in, at another session low against the USD, EUR, GBP, AUD.
  • The Yen is down 1% despite some verbal intervention from Finance Minister Shunichi Suzuki: "We are monitoring moves in the foreign exchange market with a strong sense of vigilance,”
  • Next psychological resistance comes at 129.00

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