The Japanese yen returned to rise during the Asian session against the dollar and most of major currencies, along with the announcement of Bank of Japan as it take more financial actions to help the Japanese economy which affected badly by the earthquake that hit Japan on March 11.
The euro started today's session with a decline against the dollar, as the pair trades around 1.4299 after recording the highest at 1.4324 and the lowest at 1.4294. The pair faces a support at 1.4280. The daily momentum indicators show the pair in an overbought area.
The pound traded lower against the greenback, trading around 1.6265 after recording the highest at 1.6322 and the lowest at 1.6264. The pair faces a support at 1.6200. The daily momentum indicators show the pair in an overbought area.
The dollar/yen pair declined during the Asian session, as the pair trades around the 85.25 level, recording the highest at 85.47 and the lowest at 85.09. The pair faces a support at 85.00. The daily momentum indicators show the pair in an overbought area.