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Euro bears recede, for how long?

The euro hit yet a lower low versus the dollar on Thursday as the shared currency was weighed by disappointing EMU employment data. However, the pair reversed losses during the American session as lower-than-expected jobless claims boosted risk appetite among financial markets, offsetting the negative effect of the growing divergence between the US and the eurozone economies.
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Forex: USD/JPY falls further to 95.65

The US Dollar is trading lower today against the Japanese Yen and after falling around 100 pips from 96.60, the USD/JPY is testing the 95.65 level. Currently the pair is trading at 95.75.
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