Forex Trading : USD / JPY back above 120.00 after confidence in the US data

Forex Trading : Currency USD / JPY managed to recover from the lowest daily levels rose to above the 120 mark at the beginning of the US session after the US consumer, which came in better than expected and the militant statements of Lacker of the Federal Reserve confidence.
Consumer confidence in the US index jumped to 101.3 in March, compared with 98.8 last month, beating expectations of 96.0. Currency USD / JPY rose back above 120.00 towards the top of the session at 120.14 after upbeat report. At the time of writing the pair is trading at 120.10, little changed on the day.