FxWirePro: Japanese yen trades flat after mixed economic data sets
Friday, July 6, 2018 1:38 AM UTC
- USD/JPY is currently trading around 110.65 marks.
- It made intraday high at 110.73 and low at 110.52 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 110.28 mark.
- A daily close above 110.58 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 110.58 will drag the parity down towards key supports around 110.28, 109.96, 109.36, 108.34, 107.65, 106.98, 106.61 and 105.98 levels respectively.
- Japan May 2018 all household spending yy decrease to -3.9 (forecast -1.5, previous -1.3).
- Japan May 2018 all household spending mm decrease to -0.2 (forecast -0.1, previous -1.6).
- Japan June 2018 foreign reserves at 1258.7 (previous 1254.5).
- Japan May 2018 overtime pay at 1.6 (previous 1.9).
- Tokyo's Nikkei share average opens up 0.47 pct at 21,647.66.