- USD/JPY is currently trading around 107.70 marks.
- It made intraday high at 107.90 and low at 107.69 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 107.80 will take the parity higher towards key resistances around 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 107.80 will drag the parity down towards key supports around 107.32, 106.72, 106.03 and 104.96 levels respectively.
- Japan Q4 GDP Q/Q private consumption prelim increase to 0.5 % (forecast 0.4 %) vs previous -0.6 % (revised from -0.5 %).
- Japan Q4 GDP Q/Q capital expend. decrease to 0.7 % (forecast 1.1 %) vs previous 1 % (revised from 1.1 %).
- Japan Q4 GDP Q/Q annualised decrease to 0.5 % (forecast 0.9 %) vs previous 2.2 % (revised from 2.5 %).
- Japan Q4 GDP Q/Q decrease to 0.1 % (forecast 0.2 %) vs previous 0.6 %.
- Tokyo's Nikkei share average opens up 0.03 pct at 21,251.24.
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