FxWirePro: Japanese yen trades flat after BOJ’s monetary policy meeting minutes, Tokyo core CPI data
USD/JPY is currently trading around 107.13 marks. It made intraday high at 107.40 and low at 107.02 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.40 mark. A daily close above 107.40…
It made intraday high at 107.40 and low at 107.02 levels.
Intraday bias remains neutral till the time pair holds key resistance at 107.40 mark.
A daily close above 107.40 will take the parity higher towards key resistances around 107.91, 108.38, 109.18, 110.22, 111.68, 112.40, 112.98, 114.00 and 115.22 mark respectively.
On the other side, a sustained close below 107.13 will drag the parity down towards key supports around 106.60, 105.85, 104.00, 102.35 and 100.98 levels respectively.
Japan’s Tokyo CPI y/y stands at 0.2 pct vs 0.4 pct previous release.
Japan’s Tokyo core CPI y/y stands at -0.1 vs 0.4 previous release (expected 0.1 pct).
Japan’s Nikkei was trading 2.15 pct lower at 19,777.50 points.
