FxWirePro: Japanese yen trades marginally higher in early Asia after CPI, core CPI data
Friday, December 21, 2018 1:09 AM UTC
- USD/JPY is currently trading around 111.24 marks.
- It made intraday high at 111.29 and low at 111.08 levels.
- Intraday bias remains slightly bearish for the moment.
- A daily close above 111.27 will take the parity higher towards key resistances around 112.60, 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
- On the other side, a sustained close below 111.27 will drag the parity down towards key supports around 110.80, 110.38, 109.96, 109.36 and 108.34 levels respectively.
- Japan Nov 2018 CPI, core nationwide yy decrease to 0.9 % (forecast 1 %) vs prevous 1 %.
- Japan Nov 2018 CPI mm NSA decrease to -0.2 % vs previous 0.29 %.
- Japan Nov 2018 CPI, overall nationwide decrease to 0.8 % vs previous 1.4 %.
- Tokyo's Nikkei share average opens down 0.40 pct at 20,310.50.