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The Japanese Yen(JPY)
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Old 05-28-2007, 10:18 AM
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Default The Japanese Yen(JPY)

Hi
28 May-The Japanese Yen (JPY) was the biggest mover on Friday as CPI data matched expectations for the month of April, released at -0.1%. Up from the March’s decline of -0.3% giving indications that inflationary pressures are slowly returning. Although the USDJPY experienced early losses on the back of inflationary data, the pair moved higher to end the day. Overall, the USDJPY traded with a range of a low 120.85 and a high of 121.77 before closing near day highs at 121.72 in the New York session.
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