FxWirePro: Japanese yen trades marginally higher in early Asia after BOJ’s summary of opinions, current account data
USD/JPY is currently trading around 109.70 marks. It made intraday high at 109.92 and low at 109.63 levels. Intraday bias remains neutral till the time pair holds key resistance at 110.02 mark. A daily close above 109.74…
It made intraday high at 109.92 and low at 109.63 levels.
Intraday bias remains neutral till the time pair holds key resistance at 110.02 mark.
A daily close above 109.74 will take the parity higher towards key resistances around 110.02, 110.32, 110.92 and 111.87 levels respectively.
On the other side, a sustained close below 109.74 will drag the parity down towards key supports around 109.12, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Tokyo's Nikkei share average opens up 0.33 pct at 22,482.51.
Japan April bank lending yy increase to 2.1 % vs previous 2 %.
Japan March current account NSA jpy increase to 3122.3 bln jp (forecast 3009.2 bln jp) vs previous 2076 bln jp.
