Investing.com - The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on GDP.
USD/JPY was trading at 75.98, down 0.26% at time of writing.
The pair was likely to find support at 75.66, today’s low, and resistance at 76.48, Monday’s high.
Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding quarter.
Analysts had expected U.S. gross domestic product to rise 2.4% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 2.01% to hit 1.4186 and GBP/USD rising 0.79% to hit 1.6100.
USD/JPY was trading at 75.98, down 0.26% at time of writing.
The pair was likely to find support at 75.66, today’s low, and resistance at 76.48, Monday’s high.
Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose more-than-expected to a seasonally adjusted annual rate of 2.5% in the last quarter from 1.3% in the preceding quarter.
Analysts had expected U.S. gross domestic product to rise 2.4% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 2.01% to hit 1.4186 and GBP/USD rising 0.79% to hit 1.6100.