Forexpros – The U.S. Dollar was higher against the Japanese Yen on Monday after the release of Japanese data on Unemployment Rate.
USD/JPY was trading at 76.95, up 0.15% at time of writing.
The pair was likely to find support at 76.48, Wednesday’s low, and resistance at 77.70, Thursday’s high.
Earlier in the day, official data showed that Japan’s unemployment rate rose unexpectedly to a seasonally adjusted 4.7% last month from 4.6% in the preceding month.
Analysts had expected the rate of unemployment to remain unchanged at 4.6% last month.
Meanwhile, the U.S. Dollar was down against the Euro and up against the British Pound, with EUR/USD gaining 0.04% to hit 1.4518 and GBP/USD falling 0.001% to hit 1.6407.
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