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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 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.
  • Market Data
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