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Forex - USD/JPY down at the end of U.S. session

Published 12/03/2010, 05:00 PM
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USD/JPY
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Investing.com - The U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on Nonfarm Payrolls.

USD/JPY was trading at 82.55, down 1.51% at time of writing.

The pair was likely to find support at 82.53, today’s low, and resistance at 84.40, Monday’s high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 39.00K last month, from 172.00K in the preceding month whose figure was revised up from 151.00K.

Analysts had expected U.S. non-farm payrolls to rise 140.00K last month.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 1.55% to hit 1.3415 and GBP/USD rising 1.09% to hit 1.5771.

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