As for the last trading session this week, the US dollar increased versus its major counterpart the Japanese yen during today's trading session, after the U.S. report showed that employers added the most jobs since May. On the other hand, the shared currency keeps its gains against the dollar, recorded yesterday a 15-week high. Further, the European Bank will increase the interest rates to fight inflation rates.
The euro/dollar pair started today's Asian session with an incline, as the pair trades around 1.3953, after recording a high of 1.3965, and a low of 1.3948. The pair faces a support at 1.3880. The daily and four hours momentum indicators show the pair in an overbought area, supporting the pair to decline during today's session.
The pound against the US dollar declined slightly during the Asian session, and now the pair declined, trades around 1.6273 after recording the highest at 1.6289 and the lowest at 1.6272. The pair faces a support at 1.6240. The daily and four hours momentum indicators show the pair near an overbought area.
The dollar/yen pair declined, and now the pair trades around the 82.33 level, recording a high of 82.40 and a low of 82.28. The pair faces a support at 82.12. The daily momentum indicators give buying signs, while the four hours indicators show the pair in an overbought area.