FxWirePro: Japanese yen marginally lower in early hours of Asia after Japan’s GDP, current account data
USD/JPY is currently trading around 113.76 marks. It made intraday high at 113.85 and low at 113.57 levels. Intraday bias remains neutral till the time pair holds key support at 113.41 levels. A daily close above 114.42 …
It made intraday high at 113.85 and low at 113.57 levels.
Intraday bias remains neutral till the time pair holds key support at 113.41 levels.
A daily close above 114.42 will take the parity higher towards key resistances around 115.32, 116.78 and 117.25 levels respectively.
On the other side, a sustained close below 113.41 will drag the parity down towards key supports around 112.05, 111.35, 110.85, 109.72, 106.72, 106.03 and 104.96 levels respectively.
Japan’s Q3 GDP revised q/q annualised decreases to 1.3 % (forecast 2.4 %) vs previous 2.2 %.
Japan’s Q3 GDP cap ex rev q/q decreases to -0.4 % (forecast 0.2 %) vs previous 0.0 %.
Japan’s Q3 GDP q/q private consumption revised increases to 0.3 % vs previous 0.1 %.
Japan’s Q3 GDP revised q/q decreases to 0.3 % (forecast 0.6 %) vs previous 0.5 %.
Japan’s October current account NSA JPY decreases to 1719.9 bln JPY (forecast 1577.2 bln JPY) vs previous 1821.0 bln JPY.
