An abatement in risk aversion has underpinned USD-JPY and yen crosses after their steep, yen-buying driven declines of yesterday. USD-JPY has recouped above 119.00, leaving yesterday's 10-week low at 118.70. Most Asian stock markets are down, but by a comparatively moderate degree, especially Chinese bourses. The Shanghai Composite was showing a 0.25% decline in late PM session.
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