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30 Jun 2014
USD/JPY back near daily lows
FXStreet (Córdoba) - The USD/JPY rose after US economic data to 101.45, approaching daily highs that lie at 101.47 but failed to hold and pulled back after Wall Street opening bell toward daily lows.
During the American session price bottomed at 101.24 and currently trades at 101.28, down 0.11% for the day so far. The US dollar is falling for the for the fourth day in a row versus the Japanese yen, headed toward the lowest daily close since early February.
USD/JPY remains rangebound
During the Asian session the pair bottomed at 101.22 and since then it has been moving sideways between 101.25 and 101.45. Holding a neutral bias for the coming hours but still moving with a bearish perspective on a wider view, near 2014 lows.
During the American session price bottomed at 101.24 and currently trades at 101.28, down 0.11% for the day so far. The US dollar is falling for the for the fourth day in a row versus the Japanese yen, headed toward the lowest daily close since early February.
USD/JPY remains rangebound
During the Asian session the pair bottomed at 101.22 and since then it has been moving sideways between 101.25 and 101.45. Holding a neutral bias for the coming hours but still moving with a bearish perspective on a wider view, near 2014 lows.