Wednesday morning in Asia, the Japanese currency pared its Tuesday's afternoon New York gains against its major counterparts. The yen that closed Tuesday's North American deals at 97.87 against the US dollar, 86.49 against the franc, 143.71 versus the pound and 131.82 against the euro is currently trading at 98.14, 86.9, 144.38 and 132.4, respectively.

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