Investing.com - The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Philadelphia Fed Manufacturing Index.
USD/JPY was trading at 80.61, down 0.44% at time of writing.
The pair was likely to find support at 80.09, Monday’s low, and resistance at 81.06, Wednesday’s high.
Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell unexpectedly to a seasonally adjusted -7.7 last month from 3.9 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 7.0 last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.26% to hit 1.4216 and GBP/USD falling 0.24% to hit 1.6156.
USD/JPY was trading at 80.61, down 0.44% at time of writing.
The pair was likely to find support at 80.09, Monday’s low, and resistance at 81.06, Wednesday’s high.
Earlier in the day, official data showed that Manufacturing activity in the state of Philadelphia fell unexpectedly to a seasonally adjusted -7.7 last month from 3.9 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 7.0 last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.26% to hit 1.4216 and GBP/USD falling 0.24% to hit 1.6156.