FxWirePro: Japanese yen almost flat against major peers ahead of BOJ’s monetary policy statement
USD/JPY is currently trading around 113.81 marks. It made intraday high at 113.84 and low at 113.58 levels. Intraday bias remains neutral for the moment. A daily close above 113.75 will take the parity higher towards key…
It made intraday high at 113.84 and low at 113.58 levels.
Intraday bias remains neutral for the moment.
A daily close above 113.75 will take the parity higher towards key resistances around 114.95, 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 113.75 will drag the parity down towards key supports around 113.05, 112.52, 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
In early hours of Asia, Japan released household spending and unemployment rate data.
Japan’s December unemployment rate stays flat at 3.1 % (forecast 3.1 %) vs previous 3.1 %.
Japan’s December all household spding y/y increases to -0.3 % (forecast -0.6 %) vs previous -1.5 %.
Japan’s December industrial output prelim m/m decreases to 0.5 % (forecast 0.3 %) vs previous 1.5 %.
