Forex Updates- JPY falls against USD, AUD, NZD

On Friday, the yen fell down against the dollar and other major currencies as short-term traders pushed it down, but improbability about economic improvement scenario left the market stressed for momentum as it also expected result from Citigroup.

On Thursday, the yen had rose against the commodity currencies and greenback after China's 6.1% economic growth rate let down many who had expected on a quick step.
Bit it failed to uphold the gains into Friday, quickly short-term traders to push the dollar ahead instead, prompting dollar buy orders at upper levels and taking the like of the NZD and AUD ahead with it.

In Sydney, the senior currency strategist at RBC Capital Market Sue Trinh said that it is investors and intraday trading which is running the market action.
The dollar which has risen increasingly against the yen as hitting a 13-year low in January rose 0.3% to 99.65 yen on Friday, after breaking support from its 200 day moving average at 98.88 on Thursday but after that not settling below it.