FxWirePro: Japanese yen remains almost unchanged after core machinery orders, PPI data
USD/JPY is currently trading around 108.47 marks. It made intraday high at 108.70 and low at 108.41 levels. Intraday bias remains neutral for the moment. A daily close above 108.73 will take the parity higher towards key…
It made intraday high at 108.70 and low at 108.41 levels.
Intraday bias remains neutral for the moment.
A daily close above 108.73 will take the parity higher towards key resistances around 109.68, 110.47, 112.60 and 113.98 levels respectively.
On the other side, a sustained close below 107.65 will drag the parity down towards key supports around 105.25, 104.30, 102.10 and 100.50 levels respectively.
Japan Nov core machinery orders -0.0 pct m/m (poll: +3.5 pct).
Japan Dec 2018 corp goods price mm decrease to -0.6 % (forecast -0.3 %) vs previous -0.3 %.
Japan Nov 2018 machinery orders yy decrease to 0.8 % (forecast 0.4 %) vs previous 4.5 %.
Tokyo's Nikkei share average opens up 0.10 pct at 20,575.72.
