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

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Forex Pros - The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.


USD/JPY was trading at 81.62, up 0.08% at time of writing.


The pair was likely to find support at 81.32, Tuesday's low, and resistance at 82.26, Monday's high.


Earlier in the day, official data showed that U.S. Initial Jobless Claims fell more-than-expected to a seasonally adjusted 415.00K last week from 457.00K in the preceding week whose figure was revised up from 454.00K.


Analysts had expected Initial Jobless Claims to fall to 425.00K last week.


Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 1.26% to hit 1.3635 and GBP/USD falling 0.30% to hit 1.6142.





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