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 77.17, up 0.04% at time of writing.
The pair was likely to find support at 77.05, Friday’s low, and resistance at 77.89, Wednesday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter.
Analysts had expected Japan’s GDP to rise 1.5% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.3767 and GBP/USD rising 0.04% to hit 1.6072.
USD/JPY was trading at 77.17, up 0.04% at time of writing.
The pair was likely to find support at 77.05, Friday’s low, and resistance at 77.89, Wednesday’s high.
Earlier in the day, preliminary official data showed that Japanese gross domestic product rose to a seasonally adjusted 1.5% in the last quarter from -0.5% in the preceding quarter.
Analysts had expected Japan’s GDP to rise 1.5% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.12% to hit 1.3767 and GBP/USD rising 0.04% to hit 1.6072.