Investing.com - The U.S. Dollar was lower against the Japanese Yen on Wednesday after the release of U.S. data on ADP Nonfarm Employment Change.
USD/JPY was trading at 77.48, down 0.58% at time of writing.
The pair was likely to find support at 77.18, Friday’s low, and resistance at 78.28, Tuesday’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 206K last month, from 130K in the preceding month whose figure was revised up from 110K.
Analysts had expected U.S. non-farm employment change to rise 130K last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.92% to hit 1.3437 and GBP/USD rising 0.67% to hit 1.5701.
USD/JPY was trading at 77.48, down 0.58% at time of writing.
The pair was likely to find support at 77.18, Friday’s low, and resistance at 78.28, Tuesday’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 206K last month, from 130K in the preceding month whose figure was revised up from 110K.
Analysts had expected U.S. non-farm employment change to rise 130K last month.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.92% to hit 1.3437 and GBP/USD rising 0.67% to hit 1.5701.