The Japanese yen declined versus major counterparts on Thursday despite escalating appetite due to positive cues from Wall Street and optimism Greece will seal a deal with lenders.

The currency closed at 140.27 per euro, 124.56 per US dollar, 190.88 per British pound, and 133.28 per Swiss franc.

According to the Institute for Supply Management, services index slid to 55.7 in May from 57.8 in April.

Commerce Department reported the US trade deficit narrowed by 19% to $40.9 billion in April.

The material has been provided by InstaForex Company – www.instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.