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

Forex Pros – pros - The U.S. Dollar was higher against the Japanese Yen on Monday after the release of U.S. data on Personal Spending.

USD/JPY was trading at 80.91, up 0.59% at time of writing.

The pair was likely to find support at 80.02, Wednesday’s low, and resistance at 80.98, today’s high.

Earlier in the day, official data showed that U.S. personal spending remained unchanged unexpectedly at a seasonally adjusted 0.0% last month from 0.3% in the preceding month whose figure was revised down from 0.4%.

Analysts had expected personal spending to rise 0.1% last month.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.65% to hit 1.4281 and GBP/USD rising 0.19% to hit 1.5989.

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