The U.S. dollar fell against the Japanese yen to one-month low as the lower-than-expected Friday's jobs report revived speculations the Fed may add to stimulus to boost the economy.
After a wave of upbeat U.S. data seen recently and announcements from the Fed referring to slight possibility of seeing another round of quantitative easing, non-farm payrolls report released on Friday showed an increased of 120 thousand in March, after rising 240 thousand, revised from 227 thousand, in February, below expectations of 205,000 added jobs. Yet, the same report showed that unemployment rate in the U.S. unexpectedly fell to 8.2% from a prior of 8.3%.
The greenback versus the yen is currently trading around 81.33 after recording a high of 81.58 and a low of 81.18.
The trading range for this week is among key support at 79.55 and key resistance now at 83.70.
Still the jobs report is having effect today amid calmness is in trading due to Easter holidays.
On the flip side, the U.S. dollar rose against a basket of major currencies on the daily basis, where the dollar index is currently hovering near 79.90 compared with the day's opening of 79.79.
Moreover, the EUR/USD pair is trading around 1.3073, recording a low of 1.3031 while the high was touched at 1.3104.
The trading range for this week is among key support at 1.2740 and key resistance at 1.3375.
The euro is still affected by the rise in Spanish bond yields last week which reignited concerns debt crisis is not easing.
Finally, the sterling versus the greenback is currently trading lower around 1.5875, after rising to a high of 1.5893 while the low was seen at 1.5833.
The trading range for this week is among key support at 1.5515 and key resistance at 1.6165.