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Forex pairs in this Article » AUD/USD, USD/JPY (Barcelona) - The Yen continued to underperform, being again the main laggard in the Asian session. Fresh cycle lows were developed after the country's read-out in prices came softer-than-expected, vindicating that bolder easing policies to stimulate prices higher will be needed, which implies room for a lower Yen on expectations of more unorthodox policies. Aussie and Kiwi, worst performers on Thursday after the Yen, were also relegated to poor performances.

Main headlines in Asia (in chronological order)

- USDJPY advances to fresh multi-year highs

- Sell into any Yen strength; USDJPY likely to target 100 - Societe Generale

- George Soros: The Euro is here to stay; momentum is for higher Euro and lower Yen

- FT Article: The yen will not be a one-way bet in 2013

- Japan deflation continues; bolder BoJ needed to target 2%

- Abe vows 'not to fade away'

- USDJPY DNT Option reminder at 90.75

- USDJPY hits 90.70 on soft Japan CPI

- BoJ minutes: Will continue with powerful easing

- AUDUSD sticks to 1.0450 as safety net and finds 30m 20-EMA value area to reinstate shorts

- Japan's Aso stresses importance of free-floating currencies
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