Japanese Yen (JPY)

The Yen rose against the greenback after publishing their GDP, which came out at -0.30%, better than the expected -0.50%. The USD/JPY couldn't break down the support level at 83.00 and was captured again around 83.40 levels. Overall, USD/JPY traded with a low of 83.10 and with a high of 83.49. Today, the interest rate decision is expected unchanged at 0.10% and the Industrial Production report (MoM) is expected unchanged at 3.10%.

USD/JPY-Last: 83.50

Resistance

83.65

84.00

Support

83.12

82.65

81.85

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