The U.S. Dollar rallied against the Yen on Wednesday amid speculation that the Japanese government would intervene in order to prevent its currency from rising any further. The intervention would be an attempt to help the Japanese export industry, which has suffered due to the high yielding JPY. The Dollar has taken advantage of this, making impressive gains throughout the afternoon on Wednesday and into the evening. The greenback has advanced as high as 87.81 against the Yen, leaving last week's record low numbers behind.

  • Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trend

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Weekly Trend

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Resistance1.51801.676588.751.00800.93750.9140
1.51501.673588.401.00500.93450.9110
1.51201.670588.101.00200.93150.9080
Support1.50551.664087.450.99650.92530.9015
1.50251.661087.150.99350.92200.8985
1.49901.658086.850.99000.91900.8955