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USD/JPY edges back from a look above 145
Yesterday the afternoon relapse in the USD/JPY did not last long and as the dollar there rebounded, it did for the GBP/USD and the EUR/USD. Both fell back into and after the 4pm London fix, as the USD/JPY advanced further and lifted above 144.70 into the US close. The USD/JPY later ended the US session at 144.75. Earlier today it build on that progress and pushed above 145. The high seen was set at 145.04, but it has backed away from that high just now. Today is spot month-end and also the same in respect of the quarter and the half-year and it remains to be seen if that will impact the dollar as the day unfolds. The USD/JPY is currently trading at 144.74
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