The USD / JPY couple took fresh bids on Thursday and are currently ahead of their trading zone in the 109.70- 75 region.
The Japanese Yen was further weighed by the deceptive release today from the previous month of the 52.6 upwards of Markit Flash manufacture PMI, which fell to 50.0 in January.
This coupled with a modest rise in the US Dollar increased some additional support and stayed appreciative. The tone around the rates of US Treasury bonds was partly offset by weaker rallies.
The handle 110.00 could still be the immediate resistance, above which the pair could go to the horizontal zone of 110.30 before eventually seeking a round figure mark of 111.00.
In the reverse, the region of 109.40, which if broken could turn the pair vulnerable to break below 109.00 now appears to have emerge as the immediate support and test its next support at 108.70.
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