The yen fell against the dollar and major currencies, with expectations that the BOJ may intervene to sell yen in FOREX markets after the yen reached its highest level in 7 weeks against the dollar.
The euro started today's session with a slight increase against the dollar, as the pair trades around 1.4562 after recording the highest at 1.4586 and the lowest at 1.5632. The pair faces a resistance at 1.4620. The daily momentum indicators show a selling signal.
The pound traded lower against the greenback, trading around 1.6391 after recording the highest at 1.6432 and the lowest at 1.6381. The pair faces a support at 1.6350. The daily momentum indicators show the pair is in an oversold area.
The dollar/yen pair increased during the Asian session, as the pair trades around the 80.49 level, recording the highest at 80.59 and the lowest at 80.24. The daily momentum indicators show the pair is in an oversold area.