Forex | Forex | Forex: Dollar falls to a fresh 7-week low against the Yen (02/09/2009 17:26:00)

Forex: Dollar falls to a fresh 7-week low against the Yen

FXstreet.com (Córdoba) – Dollar is extending its losses across the board. USD/JPY broke below 92.20 and fell to 92.10 posting a fresh 7-week low. The pair is now back above 92.25 but remains under pressure and is 0.73% below today’s opening price. Below intra-day low the next support lies at 91.70 and 91.40. On the upside, resistance is located at 92.50 and 93.00.

In the last hours the rally of the Yen across the board eased. GBP/JPY has been steady moving in ranges between 150.50 and 149.00. EUR/JPY fell earlier posting a fresh 7-week low at 131.07. Currently the pair is back above 131.50.

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