FxWirePro: Japanese yen falls in early Asia after CPI, core CPI data
Friday, August 24, 2018 1:08 AM UTC
- USD/JPY is currently trading around 111.43 marks.
- It made intraday high at 111.44 and low at 111.24 levels.
- Intraday bias remains bullish till the time pair holds key support at 110.75 mark.
- A daily close above 111.28 will take the parity higher towards key resistances around 111.52, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 111.28 will drag the parity down towards key supports around 110.75, 109.96, 109.36 and 108.34 levels respectively.
- Japan July 2018 CPI, core nationwide yy stays flat at 0.8 % (forecast 0.9 %) vs previous 0.8 %.
- Japan July 2018 CPI, overall nationwide increase to 0.9 % vs previous 0.7 %.
- Japan July 2018 nationwide core CPI mm increase to -0.1 %.
- Tokyo's Nikkei share average opens up 0.33 pct at 22,484.01.