The major currencies held steady during pre-European open trade in Asia, while the G3 posted gains against some Asian currencies. Stock markets were mixed, with Japan underperforming notably as markets there reopened after a three-day public holiday, taking its cue from two consecutive down days on Wall Street and a weak Japanese manufacturing PMI reading. USD-JPY held steady, rooted on 120.00, which has been an anchor level over the last month.
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