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USD/JPY fell Friday

USD/JPY fell Friday

 

The USD/JPY fell Friday, erasing the past two session worth of gains and dropping beneath the 103.00 level.  It was a combination of poor U.S. economic data and risk aversion that caused the drop in the pair. 

In Asian trade on Monday the pair is bouncing back, having gapped higher at the open and trading just below the 103.00 level very early in the session.

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