FxWirePro: Japanese yen trades marginally lower after current account, core machinery orders data
Thursday, November 8, 2018 1:09 AM UTC
- USD/JPY is currently trading around 113.60 marks.
- It made intraday high at 113.63 and low at 113.47 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 113.49 will take the parity higher towards key resistances around 113.95, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
- On the other side, a sustained close below 113.49 will drag the parity down towards key supports around 112.98, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
- Japan Sep 2018 current account, goods increase to 3233.098 jpy vs previous -2192.931 jpy.
- Japan Sep 2018 machinery orders yy decrease to -7 % (forecast 7.7 %) vs previous 12.6 %.
- Japan Oct 2018 bank lending yy decrease to 2.2 % vs previous 2.3 %.
- Japan Sep 2018 machinery orders mm decrease to -18.3 % (forecast -10 %) vs previous 6.8 %.
- Japan Nov 2018 reuters tankan di decrease to 26 vs previous 28.
- Tokyo's Nikkei share average opens up 1.63 pct at 22,446.01.