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FxWirePro: Japanese yen remains almost unchanged after CPI, core CPI data

USD/JPY is currently trading around 110.74 marks. It made intraday high at 110.75 and low at 110.61 levels. Intraday bias remains neutral till the time pair holds key resistance at 111.00 mark. A daily close above 111.00…

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FxWirePro: Japanese yen remains almost unchanged after CPI, core CPI data
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  • USD/JPY is currently trading around 110.74 marks.
     
  • It made intraday high at 110.75 and low at 110.61 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 111.00 mark.
     
  • A daily close above 111.00 will take the parity higher towards key resistances around 111.36, 112.60 and 113.98 levels respectively.
     
  • On the other side, a sustained close below 110.45 will drag the parity down towards key supports around 109.42, 108.49, 107.65 and 105.25 levels respectively.
     
  • Tokyo's Nikkei share average opens down 0.41 pct at 21,376.36.
     
  • Japan Jan 2019 CPI, core nationwide yy increase to 0.8 % (forecast 0.8 %) vs previous 0.7 %.
  • Japan Jan 2019 CPI, overall nationwide decrease to 0.2 % vs previous 0.3 %.
     
  • Japan Jan 2019 CPI index ex fresh food decrease to 101.2 vs previous 101.4.
     
  • Japan Jan 2019 CPI nsa stays flat at 101.5 vs previous 101.5.

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