FxWirePro: Japanese yen trades almost flat after mixed economic data, BOJ’s policy rate in focus
USD/JPY is currently trading around 111.05 marks. It made intraday high at 111.10 and low at 110.90 levels. Intraday bias remains neutral till the time pair holds key resistance at 111.54 mark. A daily close above 111.22…
It made intraday high at 111.10 and low at 110.90 levels.
Intraday bias remains neutral till the time pair holds key resistance at 111.54 mark.
A daily close above 111.22 will take the parity higher towards key resistances around 111.54, 112.62, 113.20, 114.73 and 115.90 levels respectively.
On the other side, a sustained close below 110.97 will drag the parity down towards key supports around 110.28, 109.96, 109.36 and 108.34 levels respectively.
Japan June 2018 jobs/applicants ratio increase to 1.62 (forecast 1.60).
Japan June 2018 unemployment rate increase to 2.4 (forecast 2.3, previous 2.2).
Japan June 2018 industrial output prelim mm decrease to -2.1 (forecast -0.3, previous -0.2)
Tokyo's nikkei share average opens down 0.32 pct at 22,472.12.
