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FxWirePro: Japanese yen trades almost flat in early Asia despite strong CPI, core CPI data

  • USD/JPY is currently trading around 110.50 marks.
     
  • It made intraday high at 110.60 and low at 110.37 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 110.49 will take the parity higher towards key resistances around 110.90, 111.40, 111.87, 112.56 and 113.44 levels respectively.
     
  • On the other side, a sustained close below 110.49 will drag the parity down towards key supports around 109.96, 109.36, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
     
  • Japan June 2018 CPI core Tokyo yy increase to 0.7 (forecast 0.6 ).
     
  • Japan June 2018 CPI, overall Tokyo increase to 0.6.
     
  • Japan May 2018 industrial output prelim mm increase to -0.2 (forecast -1.1 ).
     
  • Tokyo's Nikkei share average opens up 0.20 pct at 22,314.47.
  • Market Data
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