FxWirePro: Japanese yen trades almost flat against U.S. dollar after current account, bank lending data
USD/JPY is currently trading around 109.32 marks. It made intraday high at 109.40 and low at 109.12 levels. Intraday bias remains neutral for the moment. A daily close above 109.30 will take the parity higher towards key…
It made intraday high at 109.40 and low at 109.12 levels.
Intraday bias remains neutral for the moment.
A daily close above 109.30 will take the parity higher towards key resistances around 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
On the other side, a sustained close below 109.90 will drag the parity down towards key supports around 108.50, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Japan Dec current account NSA jpy decrease to 797.2 bln jp (forecast 1017.5 bln jp) vs previous 1347.3 bln jpy.
Japan Jan bank lending y/y decrease to 2.4 % vs previous 2.5 %.
Tokyo's Nikkei share average opens up 0.35 pct at 21,721.57.
