FxWirePro: Japanese yen trades almost flat in early Asia despite strong CPI, core CPI data
Friday, June 29, 2018 2:00 AM UTC
- 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.