Investing.com - 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 85.03, down 0.53% at time of writing.
The pair was likely to find support at 83.86, Monday’s low, and resistance at 85.52, Wednesday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 382.00K last week from 392.00K in the preceding week whose figure was revised up from 388.00K.
Analysts had expected Initial Jobless Claims to fall to 385.00K last week.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.18% to hit 1.4306 and GBP/USD falling 0.06% to hit 1.6324.
USD/JPY was trading at 85.03, down 0.53% at time of writing.
The pair was likely to find support at 83.86, Monday’s low, and resistance at 85.52, Wednesday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 382.00K last week from 392.00K in the preceding week whose figure was revised up from 388.00K.
Analysts had expected Initial Jobless Claims to fall to 385.00K last week.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.18% to hit 1.4306 and GBP/USD falling 0.06% to hit 1.6324.