Investing.com - The U.S. Dollar was higher against the Japanese Yen on Thursday after the release of Japanese data on GDP.
USD/JPY was trading at 80.15, up 0.33% at time of writing.
The pair was likely to find support at 79.70, Wednesday’s low, and resistance at 80.40, Monday’s high.
Earlier in the day, official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.9% in the last quarter from -0.9% in the preceding quarter.
Analysts had expected Japan’s GDP to fall -0.8% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.27% to hit 1.4624 and GBP/USD rising 0.05% to hit 1.6412.
USD/JPY was trading at 80.15, up 0.33% at time of writing.
The pair was likely to find support at 79.70, Wednesday’s low, and resistance at 80.40, Monday’s high.
Earlier in the day, official data showed that Japanese gross domestic product fell more-than-expected to a seasonally adjusted -0.9% in the last quarter from -0.9% in the preceding quarter.
Analysts had expected Japan’s GDP to fall -0.8% in the last quarter.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.27% to hit 1.4624 and GBP/USD rising 0.05% to hit 1.6412.