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USD/JPY erases losses, back above 104.00

FXStreet (Córdoba) - The USD/JPY gained momentum after Wall Street opening bell; rose from 103.85 and recently printed a fresh daily high at 104.15, erasing all losses. Price holds above 104.00 and near daily highs.

The Japanese currency is falling across while the US dollar is testing daily highs versus european currencies.

USD/JPY toward strongest close since January

If the USD/JPY manages to end the day around the current levels, it would post the highest daily close since January 22. Back then, the pair was pulling back from multi-year highs reached on January 2 at 105.45.

USD/CAD hits fresh lows under 1.0950

The USD/CAD continued to pull back after reaching on Asian hours at 1.0996 the strongest level since late April and recently printed a fresh daily low at 1.0947
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GBP/USD range bound but comes bearish

GBP/USD is trading at 1.6571, down -0.05% on the day, having posted a daily high at 1.6597 and low at 1.6566.
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