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16.01.200901:08:00UTC+00Yen Drops To 4-Day Low Against Euro

The Japanese yen dropped to a 4-day low against its European counterpart during Friday's early deals. At about 12:50 am ET, the yen touched 119.78 versus the euro, compared to 117.86 hit late Thursday in New York. The Japanese unit may likely target the 121.3 level against the single currency, if it declines further.

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