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USD/JPY falls to fresh session lows

In recent trading the Yen has gained some ground and that has seen the USD/JPY drop below the Asian low at 157.76. The break below that price point has not extended very far yet and there is no guarantee it might do so. The push lower in the dollar appears to be stemming from outflow in the GBP/JPY, as that cross heads back towards the lows seen earlier this morning. The low seen so far on the USD/JPY has just been set at 157.69 

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