Investing.com - The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of Japanese data on Industrial Production.
USD/JPY was trading at 77.93, up 0.001% at time of writing.
The pair was likely to find support at 77.18, Friday’s low, and resistance at 78.28, Tuesday’s high.
Earlier in the day, preliminary data showed that Industrial production in Japan rose more-than-expected to a seasonally adjusted 2.4% last month from -3.3% in the preceding month.
Analysts had expected industrial production to rise 1.1% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.15% to hit 1.3334 and GBP/USD rising 0.02% to hit 1.5599.
USD/JPY was trading at 77.93, up 0.001% at time of writing.
The pair was likely to find support at 77.18, Friday’s low, and resistance at 78.28, Tuesday’s high.
Earlier in the day, preliminary data showed that Industrial production in Japan rose more-than-expected to a seasonally adjusted 2.4% last month from -3.3% in the preceding month.
Analysts had expected industrial production to rise 1.1% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.15% to hit 1.3334 and GBP/USD rising 0.02% to hit 1.5599.