Both the Dollar and Yen had recouped from losses that were seen during the Tokyo AM session although the magnitude of movement has been relatively limited overall. The USD index (DXY) edged out a four-week low at 94.68 before recovering above 94.85, while EUR-USD printed a four-week high at 1.1697 before correcting to the 1.1665-70 area. USD-JPY has settled near 111.25, about 10 pips below the intraday highs.
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