FxWirePro: Japanese yen trades almost flat after BSI manufacturing index, PPI data
USD/JPY is currently trading around 110.17 marks. It made intraday high at 110.29 and low at 110.05 levels. Intraday bias remains bullish till the time pair holds key support at 109.23 marks. A daily close above 110.15 w…
It made intraday high at 110.29 and low at 110.05 levels.
Intraday bias remains bullish till the time pair holds key support at 109.23 marks.
A daily close above 110.15 will take the parity higher towards key resistances around 110.48, 111.47, 112.86, 113.57, 114.88, 115.50, 117.21, 118.18, 118.66, 119.52 and 120.46 levels respectively.
On the other side, a sustained close below 110.15 will drag the parity down towards key supports around 109.23, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Japan August corporate goods price m/m decrease to 0.0 % (forecast 0.1 %) vs previous 0.3 %.
Japan August corporate goods price y/y increase to 2.9 % (forecast 3.0 %) vs previous 2.6 %.
Japan Q3 business survey index increase to 9.4 % vs previous -2.9 %.
Japan PPI y/y increase to 2.9 % vs previous 2.6 % .
Tokyo's Nikkei share average opens up 0.49 pct at 19,873.69.
