- USD/JPY is currently trading around 109.89 marks.
- It made intraday high at 109.94 and low at 109.77 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 110.00 marks.
- A daily close above 109.77 will take the parity higher towards key resistances around 110.10, 111.40, 111.87, 112.56 and 113.44 levels respectively.
- On the other side, a sustained close below 109.77 will drag the parity down towards key supports around 109.37, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
- Japan April total cash earnings +0.8 pct yr/yr vs previous 2.0 pct.
- Japan April inflation-adjusted real wages 0.0 pct yr/yr.
- Japan April overtime pay increase to 1.9 % vs previous 1.8 %.
- Tokyo's Nikkei share average opens down 0.09 pct at 22,520.31.
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