FXstreet.com (Córdoba) - The dollar continued to push higher against the yen after a report showed US initial jobless claims fell for the first time in over a month, although they stayed high.
USD/JPY broke above the 79.50 area minutes ahead of the data, and then accelerated to a fresh 2-week high of 79.78 before easing a tad. Currently, the pair is trading at the 79.70 zone, recording a 0.6% gain on Thursday.
On the upside, if the USD/JPY manages to clear the 79.70 area, next resistances could be found at 79.85 and 80.10, while on the contrary supports on dips are seen at 79.50, 79.10 and 78.90.
The number of US citizens that filled in their initial claims for regular state unemployment-insurance benefits fell by 12K last week to a seasonally adjusted 377K, in line with expectations and coming from 389K (revised) in the previous print.
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