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Japanese Yen retreats from August highs as USD bears turn cautious ahead of US NFP

The USD/JPY pair stages a modest intraday recovery from the vicinity of the August monthly low and climbs back to the 156.50 area during the Asian session on Friday. Spot prices, for now, seem to have snapped a two-day losing streak, though the upside potential seems limited.

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Japanese Yen retreats from August highs as USD bears turn cautious ahead of US NFP