Feb 25, 2013
Forex: USD/JPY falls below 94.00 level as overnight gains dissipate
Earlier today, the USD/JPY rose to a new multi-year high of 94.77 overnight after several Japanese newspapers reported that Haruhiko Kuroda has won the government's nomination for Bank of Japan Governor. However, the pair has seen its gains evaporate across European trading Monday, as it fell below the 94.00 level in recent moments, trading at session lows at 93.88/89.
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