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FxWirePro: Japanese yen trades marginally higher in early Asia after manufacturing PMI, capital spending data

  • USD/JPY is currently trading around 110.99 marks.
     
  • It made intraday high at 111.18 and low at 110.97 levels.
     
  • Intraday bias remains slightly bearish for the moment.
     
  • A daily close above 111.20 will take the parity higher towards key resistances around 111.82, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
     
  • On the other side, a sustained close below 111.00 will drag the parity down towards key supports around 110.52, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Aug 2018 Nikkei manufacturing PMI stays flat at 52.5 vs previous 52.5.
     
  • Japan Q2 2018 business capex (mof) yy increase to 12.8 % vs previous 3.4 %.
     
  • Tokyo's Nikkei share average opens down 0.20 pct at 22,819.17.
  • Market Data
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