FxWirePro: Japanese yen trades marginally higher in early Asia after manufacturing PMI, capital spending data
Monday, September 3, 2018 1:10 AM UTC
- 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.