USD/JPY Drops Amid Euro Zone Divisions

Greece and the European financial stability of the U.S. dollar boosted demand for safe haven in a potential expansion in the euro area in terms of recovery against the yen Wednesday as the lower divisions.

USD / JPY down 0.45 to 76.46% in early trading European day lower, hit by a double 76.48 later consolidated.

Double 77.06, September 14, high in the September 22 low at 76.10 and resistance is likely to find support.

Market sentiment in Greece to recover EUR109 in the middle of the growing concern of funding for the second installment of bloc countries in terms of a single currency weakened in recent months following reports a sharp increase in the division.

Voltage is a potential for development in the European financial stability has increased on a number of important votes. On Tuesday, German Finance Minister Wolfgang Schäuble, Chancellor Angela Merkel welcomed the idea of ​​extending the EFSF and firepower, "stupid", said he would.

Finland was a decision at the end of the day because of the German Parliament voted Thursday on the proposed improvements.

Meanwhile, the country's public finances half a year before the end of the new demand, the Japanese funds raised go back and buy the local exporters.

Elsewhere, the yen at 104.11, / JPY down 0.23% against the euro by euro rose to success.

Later Wednesday, a U.S. raporuFederal Reserve, Ben Bernanke, scheduled to speak at the same time order for durable goods, to be published.

USD/JPY Aalmost Unchanged As E.Z. Debt Fears Persist

The current debt crisis in U.S. investors in the euro area, remains concerned about the demand for shelter support against the yen Tuesday, remained almost constant.

USD / JPY 0.03% up to a beating, and then consolidated at 76.36 the pair, the daily high, 76.55 hit in early European trade.

Double 76.96, Sept. 22, including high, low 76.94 on August 18 and resistance is likely to find support.

Market sentiment in the euro zone leaders of euro fund emergency area; consider ways to strengthen the European financial stability, which was supported by speculation.

Monday, a senior politicians EFSF EUR440 million from the European Central Bank provides more money than the European Central Bank, can be used as collateral for the debt, he said.

However, extending the role of investors, then one week before the vote EFSF steps kaldı.Gerekli attention can be applied to extend the functionality of previous measures of the money must be approved by all governments in the block.

Also Tuesday, the Japanese government, a strong yen on the economy of the country wants to take a step forward in reducing the impact of restructuring costs and an additional budget to fund said it intends to take measures before the end of the year.

Meanwhile, the yen, 0.18% for JPY / EUR, slowly, with slightly higher against the yen managed to 103.18.

Later in the day, Richard Fisher, a member of the U.S. Open Market raporuFederal also discussed consumer confidence, would be free.