FxWirePro: Japanese yen trades almost flat after mixed economic data
USD/JPY is currently trading around 106.82 marks. It made intraday high at 106.99 and low at 106.65 levels. Intraday bias remains neutral for the moment. A daily close above 106.75 will take the parity higher towards key…
It made intraday high at 106.99 and low at 106.65 levels.
Intraday bias remains neutral for the moment.
A daily close above 106.75 will take the parity higher towards key resistances around 107.90, 108.64, 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
On the other side, a sustained close below 106.75 will drag the parity down towards key supports around 106.11, 105.55, 104.96 and 103.34 levels respectively.
Japan Jan CPI, core nationwide y/y stays flat at 0.9 % (forecast 0.8 %) vs previous 0.9 %.
Japan Jan CPI, overall nationwide increase to 1.4 % vs previous 1 %.
Japan Jan CPI index excluding fresh food decrease to 100.4 vs previous 100.7.
Tokyo's Nikkei share average opens up 0.25 pct at 21,789.72.
