Japanese yen fell against the dollar and other major currencies ahead of the government jobs report from the U.S. economy, which is expected to show an improvement in the employment sector, as fears continue to dominate the markets regarding the Japanese quake crisis.
The euro started today's session with an incline against the dollar, as the pair trades around 1.4162 after recording the highest at 1.4177 and the lowest at 1.4154. The pair faces a resistance at 1.4220. The daily momentum indicators show the pair in an oversold area.
The pound traded higher against the greenback, trading around 1.6053 after recording the highest at 1.6064 and the lowest at 1.6018. The pair faces a resistance at 1.6080. The daily momentum indicators show the pair in an oversold area.
The dollar/yen pair inclines during the Asian session, as the pair trades around the 83.48 level, recording the highest at 83.73 and the lowest at 83.34. The pair faces a support at 84.00. The daily momentum indicators show the pair in an overbought area.