Nikkei opens +1.2%

Not much sign of the JPY crosses galloping higher though, with Tokyo seemingly happy to book whatever profits they made overnight in pairs like AUD/JPY and GBP/JPY. The EUR remains soft and stops below 1.3420 are still in range, USD/CAD is still drifting lower and dancing to its own tune, and USD/JPY will probably struggle to find significant fresh bullish momentum in the short term as the market is faced with heavy selling orders around 93.50.

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