FxWirePro: Japanese yen remains almost unchanged after core machinery orders data
USD/JPY is currently trading around 111.25 marks. It made intraday high at 111.37 and low at 111.24 levels. Intraday bias remains neutral till the time pair holds key resistance at 111.50 mark. A daily close above 111.34…
It made intraday high at 111.37 and low at 111.24 levels.
Intraday bias remains neutral till the time pair holds key resistance at 111.50 mark.
A daily close above 111.34 will take the parity higher towards key resistances around 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.34 will drag the parity down towards key supports around 110.45, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Tokyo's Nikkei share average opens down 0.36 pct at 21,425.77.
Japan Jan 2019 machinery orders yy decrease to -2.9 % (forecast -2.3 %) vs previous 0.9 %.
Japan Jan 2019 machinery orders mm decrease to -5.4 % (forecast -1.7 %) vs previous -0.1 %.
Japan Jan core machinery orders month on month fall is largest since Sept 2018.
