FXstreet.com (Jakarta) - The Japanese Yen (JPY) lost ground against the USD but the 100 Yen level held firm supported by buoyant crosses. EUR/JPY and AUD/JPY were especially strong both making substantial gains. The Main news in Asia was the Japanese $150bn stimulus package.
Future direction will require the stock rally to at least maintain gains, said Easy Forex Team. Overall the USDJPY traded with a low of 99.88 and a high of 100.71 before closing the day around 100.10 in the New York session.
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