BUZ INVESTORS USDJPY trims early gains This morning, at 09:40 GMT, the US Dollar is trading at 111.26 against the Yen, 0.18% higher from the New York close. Earlier in the session, Japan’s small business confidence index declined more-than-expected in April. During the session, the pair traded at a high of 111.50 and a low of 110.94. Yesterday, the US Dollar traded 0.42% higher against the Yen in the New York session and ended at 111.06. The pair is expected to its find support at 110.55 and its first resistance at 111.73.
The USDJPY increased 0.4850 or 0.44% to 111.5400 on Wednesday April 26 from 111.0550 in the previous trading session. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011.
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