Japanese Yen (JPY)


The Yen weakened versus the Dollar and the Euro again, as positive economic data in the U.S and Europe led to more risk appetite and sentiment that the recession is near its end. Overall USD/JPY traded with a low of 90.79 and a high of 91.64 and EUR/JPY traded with a low of 132.78 and a high of 133.77. Today, Monetary Policy Statement will be released about the Interest Rate Decision, which is expected to remain at 0.1%. Bank of Japan will hold a press conference following the rate statement.

USD/JPY-Last: 90.90 

Resistance

91.3

91.6

92

Support

90.75

90.5

90.2

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