Yen weakness has been main show in the forex town so far today. This drove USD-JPY to an intraday peak of 109.24, which is 13 pips shy of yesterday's two-week peak at 109.37. EUR-JPY has rallied to a two-week high of 124.64. Gains in European stocks markets after and overall indifferent session in east Asian markets, and oil prices, at the prompt of a bullish IEA's monthly report, have undermined the yen. Japanese data today showed the 21st month of gain in the current account surplus in March, which now stands at Y2.98 tln ($27.3 bln) and is the widest surplus since March 2007.
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