Investing.com - 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 76.52, down 0.12% at time of writing.
The pair was likely to find support at 76.23, Monday’s low, and resistance at 76.93, Tuesday’s high.
Earlier in the day, official data showed that Japanese retail sales fell more-than-expected to a seasonally adjusted annual rate of -2.6% last month from 0.6% in the preceding month whose figure was revised down from 0.7%.
Analysts had expected retail sales to fall at annual rate of -0.8% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.3531 and GBP/USD falling 0.12% to hit 1.5557.
USD/JPY was trading at 76.52, down 0.12% at time of writing.
The pair was likely to find support at 76.23, Monday’s low, and resistance at 76.93, Tuesday’s high.
Earlier in the day, official data showed that Japanese retail sales fell more-than-expected to a seasonally adjusted annual rate of -2.6% last month from 0.6% in the preceding month whose figure was revised down from 0.7%.
Analysts had expected retail sales to fall at annual rate of -0.8% last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.08% to hit 1.3531 and GBP/USD falling 0.12% to hit 1.5557.