Investing.com - The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on GDP.
USD/JPY was trading at 77.71, up 0.13% at time of writing.
The pair was likely to find support at 76.72, Wednesday’s low, and resistance at 77.81, Friday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.6% in the last quarter from 1.4% in the preceding quarter.
Analysts had expected Japan’s GDP to fall -0.3% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.33% to hit 1.3241 and GBP/USD rising 0.14% to hit 1.5778.
USD/JPY was trading at 77.71, up 0.13% at time of writing.
The pair was likely to find support at 76.72, Wednesday’s low, and resistance at 77.81, Friday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.6% in the last quarter from 1.4% in the preceding quarter.
Analysts had expected Japan’s GDP to fall -0.3% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.33% to hit 1.3241 and GBP/USD rising 0.14% to hit 1.5778.