Investing.com - The U.S. Dollar was higher against the Japanese Yen on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.
USD/JPY was trading at 83.26, up 1.49% at time of writing.
The pair was likely to find support at 80.94, Monday’s low, and resistance at 83.38, today’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 297.00K last month, from 92.00K in the preceding month whose figure was revised down from 93.00K.
Analysts had expected U.S. non-farm employment change to rise 100.00K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.18% to hit 1.3152 and GBP/USD falling 0.45% to hit 1.5516.
USD/JPY was trading at 83.26, up 1.49% at time of writing.
The pair was likely to find support at 80.94, Monday’s low, and resistance at 83.38, today’s high.
Earlier in the day, official data showed that non-farm employment change in the U.S. rose more-than-expected to a seasonally adjusted 297.00K last month, from 92.00K in the preceding month whose figure was revised down from 93.00K.
Analysts had expected U.S. non-farm employment change to rise 100.00K last month.
Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.18% to hit 1.3152 and GBP/USD falling 0.45% to hit 1.5516.