The main currencies have been very subdued in both terms of direction and volume during pre-Europe trade in Asia. EUR-USD and EUR-JPY have both seen less than 30-pip ranges, holding well within their respective Wednesday ranges. Markets are winding down in sympathy with the U.S. Thanksgiving holiday today, with the America calendar now blank until next week. USD-JPY has seen a 122.55-75 range, holding above yesterday's 10-day low at 122.26.
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