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USD/JPY falls below 151.50 as US stocks struggle in the first hour of live trade

The USD/JPY has some while ago fallen below support at 151.50. This is more about Yen strength than it necessarily about dollar weakness and it comes as stocks remain under pressure here in Europe and the US stocks turn lower in the first hour of live trading. The US losses in percentage terms are pretty evenly spread across the three main indexes. The low seen so far in the USD/JPY has been set at 151.25. It is currently trading at 151.36
 

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