Investing.com - The U.S. Dollar was lower against the Japanese Yen on Monday after the release of Japanese data on GDP.
USD/JPY was trading at 82.42, down 0.10% at time of writing.
The pair was likely to find support at 81.56, Wednesday’s low, and resistance at 82.80, Wednesday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product rose more-than-expected to a seasonally adjusted 0.90% in the last quarter from 0.40% in the preceding quarter.
Analysts had expected Japan’s GDP to rise 0.60% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.21% to hit 1.3720 and GBP/USD rising 0.20% to hit 1.6149.
USD/JPY was trading at 82.42, down 0.10% at time of writing.
The pair was likely to find support at 81.56, Wednesday’s low, and resistance at 82.80, Wednesday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product rose more-than-expected to a seasonally adjusted 0.90% in the last quarter from 0.40% in the preceding quarter.
Analysts had expected Japan’s GDP to rise 0.60% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.21% to hit 1.3720 and GBP/USD rising 0.20% to hit 1.6149.