The yen soared against the major currencies after the Japanese Finance Minister announced a new $100 billion program to help companies that affected by the high value of the yen. On the other hand, Moody's Investors Service downgraded Japan's credit rating to Aa3 as a result of large budget deficit in Japan.

The euro retreated against the U.S. dollar during today's Asian session. The EU currency is trading as of this writing at 1.4404 after recording the highest of 1.4441 and the lowest of 1.4378. On the short term the currency faces a support at 1.4370 while the momentum indicators show the pair is heading to the upside.

The pound fell against the U.S. dollar during today's Asian session touching the lowest of 1.6471, after it recorded the highest of 1.6512, and as of this writing it is trading at 1.6487. On the short term the currency faces a support at 1.6460, while the momentum indicators show the pair is heading to the downside.

The dollar/yen pair dropped today where it reached to its lowest at 76.52 level, the pair now is trading at 76.63 recording the highest of 76.86. Momentum indicators show the pair is heading to the downside.