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USD/JPY slides below 155 and test fresh interim low underneath 154.50
The USD/JPY has now fallen back further and taken out the lows seen on Friday, when it based back then at 154.85. The interim low prior to that was set at 154.77 and the dollar has just now taken that out too. That comes as risk aversion across the global stock markets seems to bite on the EUR/JPY and other major Yen crosses too. There is also the fact that players might be exiting US stocks in a hurry and if they are Japanese based, it could be repatriation back to the Yen that has caused the further slide in the dollar. The USD/JPY is right now at 154.63 after hitting a session low around 154.46
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