FxWirePro: Japanese yen trades flat after various economic data, BOJ’s policy rate decision in focus
USD/JPY is currently trading around 109.28 marks. It made intraday high at 109.35 and low at 109.23 levels. Intraday bias remains neutral till the time pair holds key resistance at 109.46 mark. A daily close above 109.41…
It made intraday high at 109.35 and low at 109.23 levels.
Intraday bias remains neutral till the time pair holds key resistance at 109.46 mark.
A daily close above 109.41 will take the parity higher towards key resistances around 110.32, 110.92 and 111.87 levels respectively.
On the other side, a sustained close below 109.41 will drag the parity down towards key supports around 108.78, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Japan March unemployment rate stays flat at 2.5 % (forecast 2.5 %) vs previous 2.5 %.
Japan April CPI core Tokyo yy decrease to 0.6 % (forecast 0.8 %) vs previous 0.8 %.
Japan April CPI, overall tokyo decrease to 0.5 % vs previous 1 %.
Japan March industrial output prelim mm decrease to 1.2 % (forecast 0.5 %) vs previous 2 %.
Japan March retail sales yy decrease to 1 % (forecast 1.7 %) vs previous 1.7 % (revised from 1.6 %).
Tokyo's Nikkei share average opens up 0.66 pct at 22,466.66.
