FxWirePro: Japanese yen trades flat after various economic data, BOJ’s policy rate decision in focus

• USD/JPY is currently trading around 109.28 marks.
   
• It made intraday high at 109.35 and low at 109.23 levels.
   
• Intraday bias remains neutral till the time pair holds key resistance at 109.46 mark.
   
• A daily close above 109.41 will take the parity higher towards key resistances around 110.32, 110.92 and 111.87 levels respectively.
   
• On the other side, a sustained close below 109.41 will drag the parity down towards key supports around 108.78, 107.65, 106.98, 106.61 and 105.98 levels respectively.
   
• Japan March unemployment rate stays flat at 2.5 % (forecast 2.5 %) vs previous 2.5 %.
   
• Japan April CPI core Tokyo yy decrease to 0.6 % (forecast 0.8 %) vs previous 0.8 %.
   
• Japan April CPI, overall tokyo decrease to 0.5 % vs previous 1 %.
   
• Japan March industrial output prelim mm decrease to 1.2 % (forecast 0.5 %) vs previous 2 %.
   
• Japan March retail sales yy decrease to 1 % (forecast 1.7 %) vs previous 1.7 % (revised from 1.6 %).
   
• Tokyo's Nikkei share average opens up 0.66 pct at 22,466.66.

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