The Yen declined versus the Dollar and the Euro as speculations remain concerning Japanese government intervention in the currency markets. Core Machinery Orders came out at 0.5% lower than 2.2% expected and -9.3% prior. Overall, USD/JPY traded with a low of 88.35 and with a high of 89.88. The Yearly M2 Money Stock is expected at 2.9% versus 2.8%.

USD/JPY-Last: 90.1 

Resistance

90.2

90.4

90.7

Support

89.4

89

88.65

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