The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.
USD/JPY was trading at 81.05, down 0.87% at time of writing.
The pair was likely to find support at 80.42, Monday’s low, and resistance at 81.98, Wednesday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up from 452.00K.
Analysts had expected Initial Jobless Claims to rise to 455.00K last week.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.14% to hit 1.3925 and GBP/USD rising 1.05% to hit 1.5934.
USD/JPY was trading at 81.05, down 0.87% at time of writing.
The pair was likely to find support at 80.42, Monday’s low, and resistance at 81.98, Wednesday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell unexpectedly to a seasonally adjusted 434.00K last week from 455.00K in the preceding week whose figure was revised up from 452.00K.
Analysts had expected Initial Jobless Claims to rise to 455.00K last week.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.14% to hit 1.3925 and GBP/USD rising 1.05% to hit 1.5934.