FXstreet.com (Sydney) - The USD/JPY rose to its highest level in two days and is currently trading at 90.75. This is an improvement of 0.06% on the previous day's trade. The pair finds support at 89.20 and resistance at 92.35. The pair is currently down 1.15% YTD.
In Tokyo the Nikkei fell 1.3% on Thursday to its lowest level since October. Sony and other exporters secured profits ahead of US employment data. Meanwhile, the Dow Jones finished 203.82 points up, or 2.08%, as new claims for jobless rates fell to a 10-month low and productivity grew at its fastest rate in six years. This may indicate a strengthening economy after its worst recession in 70 years and put renewed pressure on the dollar.