The yen fell against the dollar and other major currencies ahead of the industrial production from Europe and retail sales from the United States, expected to improve, which could push the Japanese currency further to the downside during today's session.
The euro started today's session with a decline against the dollar, as the pair trades around 1.4483 after recording the highest at 1.4497 and the lowest at 1.4454. The pair faces a support at 1.4350. The daily momentum indicators show the pair in an overbought area.
The pound traded higher against the greenback, trading around 1.6274 after recording the highest at 1.6291 and the lowest at 1.6244. The pair faces a resistance at 1.6300. The daily momentum indicators show the pair is heading to the downside.
The dollar/yen pair increased during the Asian session, as the pair trades around the 84.06 level, recording the highest at 84.25 and the lowest at 83.74. The pair faces a resistance at 84.50. The daily momentum indicators show the pair is heading to the downside.