The Yen strengthened against most majors after Japanese bank lending rose 1.5 percent in October from a year earlier, matching a 1-1/2-year low hit in September as corporate demand for funds remained weak in a still fragile economy. Overall, USD/JPY traded with a low of 89.68 and with a high of 90.17. In Addition, Core Machinery Orders came out better than expected at 10.5% vs. 3.4% forecast. No economic data expected today.

USD/JPY-Last: 89.42

Resistance

89.62

89.88

90.20

Support

89.36

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