Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Japanese yen trades marginally higher on robust GDP, PPI data

  • USD/JPY is currently trading around 110.86 marks.
     
  • It made intraday high at 111.17 and low at 110.85 levels.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 111.52 mark.
     
  • A daily close above 111.40 will take the parity higher towards key resistances around 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
     
  • On the other side, a sustained close below 110.95 will drag the parity down towards key supports around 110.58, 110.28, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Q2 2018 GDP qq increase to 0.5 % (forecast 0.3 %) vs previous -0.2 %.
     
  • Japan July 2018 corporate goods price yy increase to 3.1 % (forecast 2.9 %) vs previous 2.8 %.
     
  • Tokyo's Nikkei share average opens up 0.04 pct at 22,606.91.
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.