Investing.com - The U.S. Dollar was lower against the Japanese Yen on Tuesday after the release of U.S. data on PPI.
USD/JPY was trading at 76.82, down 0.01% at time of writing.
The pair was likely to find support at 76.60, Monday’s low, and resistance at 77.45, Monday’s high.
Earlier in the day, official data showed that U.S. producer price inflation rose more-than-expected to a seasonally adjusted 0.8% last month from 0.0% in the preceding month.
Analysts had expected U.S. PPI to rise 0.2% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.09% to hit 1.3725 and GBP/USD falling 0.34% to hit 1.5690.
USD/JPY was trading at 76.82, down 0.01% at time of writing.
The pair was likely to find support at 76.60, Monday’s low, and resistance at 77.45, Monday’s high.
Earlier in the day, official data showed that U.S. producer price inflation rose more-than-expected to a seasonally adjusted 0.8% last month from 0.0% in the preceding month.
Analysts had expected U.S. PPI to rise 0.2% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.09% to hit 1.3725 and GBP/USD falling 0.34% to hit 1.5690.