The Yen gained versus the Dollar and weakened versus the Euro as Bank of Japan kept the Interest Rate at 0.1% as expected. BOJ's Governor Shirakawa said that due to improving economic conditions the liquidity programs might be halted sooner than previously expected. Overall, USD/JPY traded with a low of 88.83 and with a high of 89.89 and EUR/JPY traded with a low of 132.25 and a high of 133.76. BOJ's Governor Shirakawa will speak tonight at the Annual Meeting of Credit Cooperatives in Tokyo.

USD/JPY-Last: 89.45 

Resistance

89.6

89.9

90.2

Support

88.8

88.5

88.15

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