FXstreet.com (Córdoba) - The Dollar is rising further against the Yen but at a moderate pace. USD/JPY rose above 89.40 to 89.48 posting a fresh intra-day high. Dollar has risen 30 pips since the begging of the American session and continues to recover after falling below 89.00 early in the day. To the upside the next resistance lies at 89.55 (Nov 17 highs) and above at 89.75 (Nov 16 high).
Currently trades at 89.42/45, 0.25% above today's opening price. Greenback is rising for the second day in a row against the Yen but on a wider view is still under pressure.