USD/JPY gained ground as Japan’s GDP Growth Rate missed analyst expectations.
USD/JPY gained some ground as traders reacted to Japan’s GDP Growth Rate report. The report indicated that GDP Growth Rate was -0.2% in the first quarter, compared to analyst forecast of -0.1%.
A move above the 146.00 level will open the way to the test of the resistance level at 147.50 – 148.00.
