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2013.06.0708:01:00UTC+00Yen Spikes Up To Fresh 7-week High Against Euro

The Japanese yen extended early rally against the euro in the European session on Friday.

The yen reached 126.56 against the euro for the first time since April 17. The next upside target level for the yen is seen around 125.00. The euro-yen pair closed Thursday's deals at 128.40.

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