USD/JPY rebounds off session lows to retest 80.00 level
The USDJPY has plunged off its session high of 80.40 Friday, as the cross has surrendered nearly 45 pips as it fell below the 80.00 handle during European trading. In recent minutes however, the pair has shown some signs of life, culminating in a rebound of 10 pips off its daily lows of 79.84. Presently, the pair is testing the 80.00 mark, officially settling within range at 79.96 - at this juncture the cross has incurred a -0.46% loss on the day thus far.


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