Forex - USD/JPY up toward the end of U.S. session

Loading...
Loading...
Forex Pros – pros - The U.S. Dollar was higher against the Japanese Yen on Tuesday after the release of U.S. data on CB Consumer Confidence.


USD/JPY was trading at 81.10, up 0.26% at time of writing.


The pair was likely to find support at 80.13, Friday’s low, and resistance at 81.27, today’s high.


Earlier in the day, data showed that CB consumer confidence in the U.S. fell more-than-expected to a seasonally adjusted 58.5 last month from 61.7 in the preceding month whose figure was revised up from 60.8.


Analysts had expected CB consumer confidence to fall to 60.3 last month.


Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.57% to hit 1.4369 and GBP/USD rising 0.08% to hit 1.6003.





Forexpros - Forex Pros offers a diverse set of professional tools for Forex, Futures and CFDs. These include real-time data streams, technical and fundamental analysis by in-house experts, and a widely used economic calendar and
Forex News
.
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...