The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of Japanese data on Retail Sales.
USD/JPY was trading at 81.67, down 0.11% at time of writing.
The pair was likely to find support at 80.42, Monday’s low, and resistance at 81.98, Wednesday’s high.
Earlier in the day, official data showed that Japanese retail sales rose less-than-expected to a seasonally adjusted annual rate of 1.20% last month from 4.30% in the preceding month.
Analysts had expected retail sales to rise at annual rate of 3.30% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.27% to hit 1.3804 and GBP/USD rising 0.12% to hit 1.5788.
USD/JPY was trading at 81.67, down 0.11% at time of writing.
The pair was likely to find support at 80.42, Monday’s low, and resistance at 81.98, Wednesday’s high.
Earlier in the day, official data showed that Japanese retail sales rose less-than-expected to a seasonally adjusted annual rate of 1.20% last month from 4.30% in the preceding month.
Analysts had expected retail sales to rise at annual rate of 3.30% last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.27% to hit 1.3804 and GBP/USD rising 0.12% to hit 1.5788.