Dollar under selling pressure ahead of Japan holiday

The dollar came under selling pressure during Asian trade on Wednesday, amid thin trading volume and Japan’s upcoming summer holiday season exaggerating the magnitude of decline.

The U.S. dollar USDJPY, -0.47%  weakened to as low as ¥101.16 in the morning session before regaining slightly to ¥101.27. That compared with ¥101.90 late Tuesday in New York.

The pound GBPUSD, +0.4230%  advanced to $1.3063 midday from $1.3001, while the euro EURUSD, +0.2968%  gained to $1.1152 from $1.1117.

Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my