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Yen stable after retail data

Publish Date29/11/2012 05:56:18 AM

Last Update29/11/2012 07:42:48 AM

Japanese yen stabilized on Thursday versus major currencies after the retail trade data showed signs of recovery on seasonally adjusted basis.

The U.S. dollar hesitated today as concerns amount over the fiscal cliff keeping the choppy trading evident into the session. 

EUR/USD pair currently trades near 1.2950 after recording a low of 1.2879 and snapped to a high of 1.2960. EUR/JPY pair climbed trading near 106.36 after hitting a low of 105.27.

USD/JPY pair showed instable movement today trading around 82.10 after a low of 81.67 and a high of 82.20.

The Australian dollar gained against its counterpart U.S. dollar with the beginning of the session for the second straight day trading near its highest in three weeks at 0.8243 after kicking off the session at 0.8237 to hit the low of 0.8234.

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