Asian Market Update: Yen at Fresh 5-year Lows as China, Korea Express Concern on Currency

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USD majors tracked in narrow ranges amid thin holiday trade with little deviation from recent trends of relatively weaker JPY and AUD stronger EUR and USD. USD/JPY hit fresh 5-year highs, reaching as far 105.40, EUR/USD traded up toward 1.3770 on Draghi comments before pulling back to 1.3740, AUD/USD



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