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Forex: USDJPY – tailed to 101.50 support off from 101.73 the high

The Yen is relentless, with European markets taking out 101.64, a resistance level sighted by the Mataf.net analyst team, and getting up as high as 101.73 in todays activity so far.
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US Treasury Secretary urges Japan to adhere to currency rules

US Treasury Secretary Jacob Lew said ahead of the G7 meeting, which kicks off today in the UK, that Japan should adhere to the international agreement, according to which fiscal and monetary policies should not be directed at devaluing currencies.
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