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BZ: USD/JPY up during Asian trade
 
Forex Pros - 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 82.81, up 0.09% at time of writing.

The pair was likely to find support at 81.95, Monday's low, and resistance at 82.93, Wednesday's high.


Earlier in the day, official data showed that Japanese gross domestic product fell to a seasonally adjusted -0.30% in the last quarter from -0.30% in the preceding quarter.

Analysts had expected Japan's GDP to fall -0.30% in the last quarter.


Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.12% to hit 1.3892 and GBP/USD falling 0.06% to hit 1.6193.



Read more: http://www.benzinga.com/11/03/915833/forex-usdjpy-up-during-asian-trade#ixzz1GAq3c5dr
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