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Session Recap: Yen crosses go gangbuster

January 31, 2013 | Filed Under »
Forex pairs in this Article » AUD/NZD, EUR/JPY, EUR/USD, USD/JPY
FXstreet.com (Barcelona) - The Yen continues to be smacked across the G10 board, with no news on the currency being the perfect excuse to further blow prices and sellers' accounts.

The Australian Dollar, despite having a bad day on soft China PMI, still managed to muster some gains against the Japanese Yen. The Euro was the star performer once again, breaking through 1.36 against the USD.

Main headlines in Asia

- S&P China warning in Hong Kong Press this morning

-Australia Jan AiG Performance of Mfg Index falls to 40.2 vs 44.3

- EURUSD on track to 1.40 before 2,000 pips drop by year-end - Societe Generale

-Is there evidence of parabolic moves in EURJPY?

-AUD down after Chinese Manufacturing PMI comes in below last month

- Japan December Unemployment at 4.2% (vs. 4.1% expected)

-Sell AUDNZD on hawkish RBNZ, Australia's doubts - UBS

- -Kiwi steadily bid on RBNZ governor speech

-No need to revise BoJ law, Amari says

- Australian Manufacturing PMI - recap

- AUDNZD declines to its lowest since August 2011

-China HSBC PMI at 52.3, better than expected

- EURJPY skyrockets above 125, highest in 33 months

-USDJPY: Just keeps on making new highs
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