The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on CB Consumer Confidence.
USD/JPY was trading at 81.64, up 0.25% at time of writing.
The pair was likely to find support at 80.42, Monday’s low, and resistance at 81.71, today’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose more-than-expected to a seasonally adjusted 50.20 last month from 48.60 in the preceding month whose figure was revised up from 48.50.
Analysts had expected CB consumer confidence to rise to 49.00 last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.20% to hit 1.3832 and GBP/USD falling 0.02% to hit 1.5841.
USD/JPY was trading at 81.64, up 0.25% at time of writing.
The pair was likely to find support at 80.42, Monday’s low, and resistance at 81.71, today’s high.
Earlier in the day, data showed that CB consumer confidence in the U.S. rose more-than-expected to a seasonally adjusted 50.20 last month from 48.60 in the preceding month whose figure was revised up from 48.50.
Analysts had expected CB consumer confidence to rise to 49.00 last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.20% to hit 1.3832 and GBP/USD falling 0.02% to hit 1.5841.