The dollar traded steady-to-firm during the pre-Europe session in Asia. USD-JPY matched yesterday's two-day high 124.15 as it extended its recovery from 123.57. The move mostly reflected yen underperformance as stock markets in Japan and Asia managed to rebound from yesterday's losses. EUR-JPY edged out an eight-day peak of 135.41, and other yen crosses posted gains too. Elsewhere, EUR-USD traded steadily in the low-to-mid 1.09s, holding below the eight-day peak set on Tuesday at 1.0969. AUD-USD dipped to a two-day low of 0.7356.
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