Here is what you need to know on Thursday, February 22: The US Dollar came lost its traction during the Asian trading hours on Thursday and declined below 104.00, pressured by the improving risk sentiment.
Here is what you need to know on Friday, January 5: Following Thursday's indecisive action, the US Dollar (USD) started to gather strength against its major rivals early Friday.
The USD/JPY pair edges higher above the 142.00 mark during the early Asian session on Wednesday. The rebound of US Dollar (USD) lends some support to the pair. Investors await the US ISM Manufacturing PMI for December, due later on Wednesday, which is expected to show an increase to 47.1 from 46.7 in the previous reading. USD/JPY currently trades near 142.10, gaining 0.10% on the day.