Dollar and Yen are making gains against the currencies with the return of worries to the market

By @ibtimes on

The dollar rose and the yen against major currencies after demand increased on low-yielding currencies as a safe haven, the tension back to the market as a result of the new quake hit Japan on Monday and caused the return of concerns about the nuclear crisis in Japan.

The euro started today's session with a decline against the dollar, as the pair trades around 1.4403 after recording the highest at 1.4432 and the lowest at 1.4376. The pair faces a support at 1.4350. The daily momentum indicators show the pair in an overbought area.

The pound traded lower against the greenback, trading around 1.6298 after recording the highest at 1.6341 and the lowest at 1.6276. The pair faces a support at 1.6250. The daily momentum indicators show the pair in an overbought area.

The dollar/yen pair declined during the Asian session, as the pair trades around the 83.89 level, recording the highest at 84.56 and the lowest at 83.45. The pair faces a support at 83.50. The daily momentum indicators show the pair in an overbought area.

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