FxWirePro: Japanese yen marginally higher in Asia after mixed data from Japan
USD/JPY is currently trading around 114.23 marks. It made intraday high at 114.47 and low at 114.22 levels. Intraday bias remains neutral till the time pair holds key resistance at 114.59 marks. A daily close above 114.3…
It made intraday high at 114.47 and low at 114.22 levels.
Intraday bias remains neutral till the time pair holds key resistance at 114.59 marks.
A daily close above 114.39 will take the parity higher towards key resistances around 115.61, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 114.39 will drag the parity down towards key supports around 113.68, 112.74, 111.91, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
South Korea’s February CPI growth decreases to 0.3 % (forecast 0.10 %) vs previous 0.9 %.
Japan’s January CPI, core nationwide y/y increase to 0.1 % (forecast 0.0 %) vs previous -0.2 %.
Japan’s January all household spending y/y decrease to -1.2 % (forecast -0.4 %) vs previous -0.3 %.
Japan’s January unemployment rate decrease to 3.0 % (forecast 3.0 %) vs previous 3.1 %.
