• USD / JPY has lost growth momentum

Market news

28 January 2013

USD / JPY has lost growth momentum


The dollar turned around and started to win back losses against the yen, recovering briefly above Y91.00 mark in early U.S. session after a report on orders for durable goods in the U.S. was more than expected.

USD / JPY bounced from the daily low Y90.55 and strengthened over the last hours by more than 50 pips, noting recent session high at Y91.09. However, the pair failed to build on this growth, and it retreated to Y90.80, still -0.13% from its opening price.



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