Forexpros – The U.S. Dollar was lower against the Japanese Yen on Thursday after the release of U.S. data on Initial Jobless Claims.
USD/JPY was trading at 76.71, down 0.11% at time of writing.
The pair was likely to find support at 76.52, Monday’s low, and resistance at 77.27, Monday’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose less-than-expected to a seasonally adjusted 401K last week from 395K in the preceding week whose figure was revised up from 391K.
Analysts had expected Initial Jobless Claims to rise to 411K last week.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.51% to hit 1.3418 and GBP/USD falling 0.40% to hit 1.5400.
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