Japanese Yen (JPY), Daily Review, June 9th 2010

By IBTimes Staff Reporter | June 09 2010 4:48 AM

The Yen was unchanged versus the Dollar and most other majors after a choppy trading session on lack of major news regarding the Euro debt crisis and fluctuations in stocks. Overall, USD/JPY traded with a low of 90.83 and a high of 91.92. USD/JPY is moving downwards after it wasn't able to move above the 61.8% Fibonacci retracement of the downward movement which started in early May. Today, Final GDP is expected with 1.1% versus 1.2% prior.

Sponsorship Link

USD/JPY-Last: 91.40

Resistance

91.65

91.92

92.10

Support

91.15

90.80

Eurozone Crisis Hinges on Structural Reforms, Says Draghi and Weidmann

Eurozone Crisis Hinges on Structural Reforms, Says Draghi and Weidmann

Alibaba Subsidiary Lets Small And Medium Sized-Companies Hedge Against Fluctuating Yuan

Alibaba Subsidiary Lets Small And Medium Sized-Companies Hedge Against Fluctuating Yuan

Eurozone Leaders Try to Tackle Tax Evasion

Eurozone Leaders Try to Tackle Tax Evasion

Radical AfD Political Party Could Disrupt German Elections

Radical AfD Political Party Could Disrupt German Elections

In Depth

3D Printing Risks: Not Just Plastic Guns, But Military Parts, Drugs And Chemical Weapons

3-D Printing: Plastic Guns Should Be The Least Of Our Worries

Whatever Happened To Libyan Oil? For Western Oil Giants, The Crude Is Sweet But China And Russia May Get The Biggest Taste

Two Years After Revolution, Whatever Happened To Libyan Oil?

The Euro Zone Economies Are Spiraling Down But By The Social Progress Index European Nations Beat The US For The Top Spots [CHART]

In Providing Basic Needs, Europe Bests The US

Africa's Economic Future Depends On Local Ownership, Entrepreneurship & Big Ideas

Africa's Economic Future Depends On Big Ideas

web counter