The US dollar continues to rise against the Japanese yen, reaching the highest in two weeks, after the ADP employment change unexpectedly rose during December to 297 thousand from the previous 93 thousand, adding evidence that the world's largest economy is on the track of recovery.
On the other hand, the dollar rose during today's session versus its major counterparts before a report that may show the U.S. non-farm payrolls jumped for a third straight month.
The euro/dollar dropped during the Asian session, and now the pair trades around 1.3144, recording a low of 1.3129 and a high of 1.3169, while the euro faces a support 1.3110. On the other hand, the daily momentum indicators give selling signs, while the four hours show the pair in an oversold area, supporting the pair's downside movement.
The pound declined against the dollar during today's session, while the pair trades around 1.5509, recording the lowest at 1.5489 and the highest at 1.5527, where the pound faces a support at 1.5480. The daily momentum indicators show the pair in a neutral trend, while the four hours show the pair in an oversold area.
The dollar/yen pair rose during today's trading session, and now the pair trades around 83.24 level, recording the highest at 83.38 and the lowest at 83.16. The daily and four hours momentum indicators show the pair in an oversold area.