USD/JPY creeps higher as equities pare losses

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Stocks at the best levels of the day

The S&P 500 is down 7 points to 2699 after falling as low as 2681. The improvement is lending a lift to USD/JPY as it tracks up to 109.80 from a low of 109.65 just after the London fix. It’s not a big move but that’s par for the course today.

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