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Market Movers: Nikkei lower, USD/JPY below 120

FXStreet (Barcelona) - The failed Greek vote affected not only the FX space, with major global indices trading lower. Wall Street’s sluggish close lead the Nikkei 225, which is down 2.76% at 17,245.00. The holiday period has again restricted heavy volatility in FX trading.

Limited data has kept currency movements focused on broader market movements. At the time of writing, USD/JPY has lost 0.69% to trade below the 120 handle, currently at 119.85. EUR/USD trades near its daily high, up 0.06% at 1.2161 while GBP/USD trades 0.08% higher at 1.5526 levels. RUB has continued its decline for the third straight session against the USD.

JPY crosses are the biggest losers in the FX space with CHF/JPY at 121.23 (-0.55%), EUR/JPY at 145.84 (-0.55%), GBP/JPY at 186.21 (-0.52%), and NZD/JPY and CAD/JPY losing 0.51%. AUD/NZD at 1.0450 (+0.11%), AUD/CHF 0.8056 (+0.10%) and USD/CHF at 0.9904 (+0.09%) are the top daily gainers.

Gold futures are up 0.49% at USD 1188.05/oz. Oil futures are down with WTI Crude down 0.30% at USD 53.07/barrel and Brent Crude lower 2.65% at 57.23.

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