FxWirePro: Japanese yen falls noticeably after BOJ’s monetary policy meeting minutes, national core CPI data
USD/JPY is currently trading around 109.42 marks. It made intraday high at 109.49 and low at 107.84 levels. Intraday bias remains bullish for the moment. A daily close above 109.20 will take the parity higher towards key…
It made intraday high at 109.49 and low at 107.84 levels.
Intraday bias remains bullish for the moment.
A daily close above 109.20 will take the parity higher towards key resistances around 110.42, 111.68, 112.40, 112.98, 114.00 and 115.22 mark respectively.
On the other side, a sustained close below 108.03 will drag the parity down towards key supports around 107.00, 105.85, 104.00, 102.35, 100.98, 99.78, 98.10, 96.25 and 94.50 levels respectively.
Japan’s national CPI m/m stands at -0.1 vs 0.0 previous release.
Japan’s national core CPI y/y stands at 0.6 pct vs 0.8 pct previous release (expected 0.6 pct).
Japan’s Nikkei was trading 0.75 pct lower at 16,601.44 points.
