Overnight, the USD weakened somewhat, while the Euro and Yen were the best performing currencies. EUR/USD opened with a 30 pips gap on Sunday, at 1.1035 vs 1.1005 (Friday's NY close). GBP/USD remained unchanged from Friday's close and spent most of the session in a 1.5430-40 range. USD/JPY opened roughly 20 pips lower, but filled the weekend gap. After the Tokyo open, it came again under pressure and eventually fell to a low of 120.25.
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