FxWirePro: Japanese yen remains almost unchanged in early Asia despite robust current account, final GDP data
USD/JPY is currently trading around 111.50 marks. It made intraday high at 111.65 and low at 111.47 levels. Intraday bias remains neutral till the time pair holds key resistance at 111.89 mark. A daily close above 111.89…
It made intraday high at 111.65 and low at 111.47 levels.
Intraday bias remains neutral till the time pair holds key resistance at 111.89 mark.
A daily close above 111.89 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 111.56 will drag the parity down towards key supports around 110.45, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan Q4 2018 GDP revised qq increase to 0.5 % (forecast 0.4 %) vs previous 0.3 %.
Japan Jan 2019 current account nsa jpy increase to 600.4 jpy (forecast 179.3 jpy) vs previous 452.8 jpy.
Japan Jan 2019 overtime pay stays flat at -1 % vs previous -1 %.
Tokyo's Nikkei share average opens down 0.54 pct at 21,339.17.
