The Japanese yen that fell against the Swiss franc and the pound in early Asian deals reversed it direction and has been gaining in early European deals on Friday.

The yen that fell to 124.85 against the pound and a 2-day low of 82.33 against the franc rose to as high as 124.44 and 82.07, respectively. The next upside target level for the yen is seen at 124.00 against the pound and 81.00 against the franc.

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