Investing.com - The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on Initial Jobless Claims.
USD/JPY was trading at 82.27, up 0.71% at time of writing.
The pair was likely to find support at 80.54, Tuesday’s low, and resistance at 82.80, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 435.00K last week from 459.00K in the preceding week whose figure was revised up from 457.00K.
Analysts had expected Initial Jobless Claims to fall to 450.00K last week.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.07% to hit 1.3783 and GBP/USD rising 0.84% to hit 1.6118.
USD/JPY was trading at 82.27, up 0.71% at time of writing.
The pair was likely to find support at 80.54, Tuesday’s low, and resistance at 82.80, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 435.00K last week from 459.00K in the preceding week whose figure was revised up from 457.00K.
Analysts had expected Initial Jobless Claims to fall to 450.00K last week.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.07% to hit 1.3783 and GBP/USD rising 0.84% to hit 1.6118.