mercredi 14 septembre 2011

Forex - USD / JPY down to the end of U.S. session



The U.S. dollar is lower than the Japanese yen on Wednesday after publication in the U.S. data: Major retail sales.

USD / JPY is trading at 76.66, down 0.37% at the time of writing the article.

This currency pair found support at 76.60, the lowest today, and resistance to 77.86, the highest on Friday.

Earlier in the day, official data published show that retail sales base in the U.S. growing less than expected seasonally adjusted 0.1% last month compared with 0.3% the previous month for which data were been revised down by 0.5%.


Analysts had expected the index of U.S. base in retail sales, up 0.2% last month.

In addition, the U.S. dollar weakened against the euro and strengthened against the Pound, the EUR / USD gaining 0.51% to hit 1.3747 and GBP / USD down 1.5769 to reach 0.07%.

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