Spain Markit Manufacturing PMI up to 44.7 in Apr from 44.2 in Mar
May 2, 2013
Forex: USD/JPY still held above 97.00
The USD/JPY continues to find good support at the lower area of 97. After Tuesday and Monday’s lows at 97.02 and 97.03, today’s downside was held by 97.09 in early Asian session. After being capped by its opening price at 97.39, the pair moved down again, to 97.13. As of writing and ahead of the European opening, the market is bouncing back to the opening price.