Investing.com - The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.
USD/JPY was trading at 76.67, down 0.22% at time of writing.
The pair was likely to find support at 76.56, Tuesday’s low, and resistance at 77.08, Monday’s high.
Earlier in the day, data showed that Industrial production in Japan fell more-than-expected to a seasonally adjusted -2.7% last month from -2.6% in the preceding month.
Analysts had expected industrial production to fall -2.4% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.24% to hit 1.2766 and GBP/USD rising 0.07% to hit 1.5344.
USD/JPY was trading at 76.67, down 0.22% at time of writing.
The pair was likely to find support at 76.56, Tuesday’s low, and resistance at 77.08, Monday’s high.
Earlier in the day, data showed that Industrial production in Japan fell more-than-expected to a seasonally adjusted -2.7% last month from -2.6% in the preceding month.
Analysts had expected industrial production to fall -2.4% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.24% to hit 1.2766 and GBP/USD rising 0.07% to hit 1.5344.