9 Jan 2015
USD/JPY approaches daily lows
FXStreet (Córdoba) - USD/JPY lost all post NFP gains and pulled back toward daily lows. The pair peaked at 119.75 after the release of US December employment numbers but then lost momentum and retreated.
Recently dropped to 118.85 slightly above daily lows that lie at 118.82 and currently trades at 119.10, 55 pips below today’s opening price and a few pips under the level it had before the relase of the Non Farm Payroll report.
Greenback weakened across the board and pushed the USD/JPY pair to the downside. The US dollar trades near daily lows as stocks in Wall Street decline.
Recently dropped to 118.85 slightly above daily lows that lie at 118.82 and currently trades at 119.10, 55 pips below today’s opening price and a few pips under the level it had before the relase of the Non Farm Payroll report.
Greenback weakened across the board and pushed the USD/JPY pair to the downside. The US dollar trades near daily lows as stocks in Wall Street decline.