Epic Research Singapore : Forex Market Update

The dollar USDJPY +0.0122% rose to ¥104.74 from ¥104.27 late Tuesday, ahead of the Christmas holiday. A push above ¥105 would be the first time the currency has traded above that level since Oct. 3, 2008, according to FactSet data. Japanese stocks extended their six-year high on Thursday as the Nikkei Stock Average closed above 16,000.

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