FxWirePro: Japanese yen trades marginally higher after BOJ’s governor speech, current account data
USD/JPY is currently trading around 111.48 marks. It made intraday high at 111.75 and low at 111.40 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 110.82 mark. A daily close abo…
It made intraday high at 111.75 and low at 111.40 levels.
Intraday bias remains slightly bearish till the time pair holds key resistance at 110.82 mark.
A daily close above 111.70 will take the parity higher towards key resistances around 112.10, 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.70 will drag the parity down towards key supports around 110.80, 109.90, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan Feb 2019 current account nsa jpy increase to 2676.8 jpy (forecast 2678.9 jpy) vs previous 600.4 jpy.
Japan Feb 2019 current account, goods increase to 4892.312 jpy vs previous -9648.407 jpy.
Tokyo's Nikkei share average opens up 0.43 pct at 21,900.55.
BOJ gov Kuroda - Japan's economy expected to expand moderately for time being, though affected by overseas slowdown.
BOJ gov Kuroda - Japan's financial system maintaining stability.
BOJ gov Kuroda - BOJ will maintain QQE with yield curve control for as long as needed to achieve 2 pct inflation in stable manner.
