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USD/JPY tracking Nikkei lower, down to 122.32

  • USD/JPY down from 122.71 rebound high to 122.32, early spike low 121.70

  • BoJ and MoF reassurances, PKO had only a fleeting impact on hind sight

  • Nikkei down to 20,064.02 in PM, down 452.91 points or 2.21% on day, dragging USD/JPY lower

  • Bids still eyed from ahead of 122.00, trail down, stops sub-121.70

 

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