Thursday, October 15, 2026

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FxWirePro: Japanese Yen gains in early Asia on robust current account data

USD/JPY is currently trading around 108.34 marks. It made intraday high at 108.50 and low at 108.22 levels. Japan's current account surplus expanded from ¥2.43 trillion in February to ¥2.98 trillion in March, the biggest…

By Cynthia Firey Eakin
1 min read
FxWirePro: Japanese Yen gains in early Asia on robust current account data
Image from the original EconoTimes article

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  • USD/JPY is currently trading around 108.34 marks.
     
  • It made intraday high at 108.50 and low at 108.22 levels.
     
  • Japan's current account surplus expanded from ¥2.43 trillion in February to ¥2.98 trillion in March, the biggest surplus since March 2007.
     
  • In addition, Japan released bank lending data with positive numbers at 2.2% m/m vs 2.0% previous release.
     
  • Intraday bias remains bearish for the moment.
     
  • A sustained break below 108.27 will drag the parity down towards 107.94, 106.15, 105.71, 105.45 and 104.55 levels respectively.
     
  • Alternatively, a daily close above 109.32 will drag the parity up towards 111.23, 112.60 and 113.42 levels respectively.

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By FxWirePro Team