FxWirePro: Japanese yen trades almost flat after mixed economic data
USD/JPY is currently trading around 106.09 marks. It made intraday high at 106.20 and low at 106.00 levels. Intraday bias remains neutral for the moment. A daily close above 106.20 will take the parity higher towards key…
It made intraday high at 106.20 and low at 106.00 levels.
Intraday bias remains neutral for the moment.
A daily close above 106.20 will take the parity higher towards key resistances around 107.32, 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
On the other side, a sustained close below 105.70 will drag the parity down towards key supports around 105.35, 104.96 and 103.34 levels respectively.
Japan Jan current account nsa jpy decrease to 607.4 bln jp (forecast 310 bln jp) vs previous 797.2 bln jp.
Japan Q4 GDP revised q/q increase to 0.4 % (forecast 0.2 %) vs previous 0.1 %.
Japan Q4 GDP revised q/q annualised increase to 1.6 % (forecast 0.9 %) vs previous 0.5 %.
Japan Q4 GDP capital expenditure revised q/q increase to 1 % (forecast 1.2 %) vs previous 0.7 %.
Tokyo's Nikkei share average opens up 1.11 pct at 21,488.16.
