Friday, February 10, 2012

Forex: USD/JPY Fails to Break Above 98.65, Falls to 98.25

May 6, 2009 by · Leave a Comment 

The dollar has been losing to the yen since the beginning of the American session. After reaching an intra-day high at 99.10 USD/JPY, it has started to move in a downward trend.

Recently the yen got stronger after falling below 98.50 to 98.25, which now is an important support zone.  Read more about the US Dollar and the Yen

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