Forex News - Yen increase Vs Dollar Japan’s stricken nuclear power plant- ForexSQ.com

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Jan 11, 2011
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The yen edged higher against the U.S. dollar on Wednesday, as concerns over contamination from Japan’s stricken nuclear power plant and ongoing unrest in the Middle East and North Africa supported safe haven demand. USD/JPY hit 80.70 during early European trade, the pair’s lowest since Friday; the pair subsequently consolidated at 80.81, slipping 0.18%. The pair was likely to find support at 79.06, last Friday’s low and resistance at 81.31, Monday’s high.....Full Forex News click on link below :

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