FxWirePro: Japanese yen trades marginally higher in early Asia after manufacturing PMI, capital spending data
USD/JPY is currently trading around 110.99 marks. It made intraday high at 111.18 and low at 110.97 levels. Intraday bias remains slightly bearish for the moment. A daily close above 111.20 will take the parity higher to…
It made intraday high at 111.18 and low at 110.97 levels.
Intraday bias remains slightly bearish for the moment.
A daily close above 111.20 will take the parity higher towards key resistances around 111.82, 112.15, 112.62, 113.20, 114.73 and 115.90 levels respectively.
On the other side, a sustained close below 111.00 will drag the parity down towards key supports around 110.52, 109.96, 109.36 and 108.34 levels respectively.
Japan Aug 2018 Nikkei manufacturing PMI stays flat at 52.5 vs previous 52.5.
Japan Q2 2018 business capex (mof) yy increase to 12.8 % vs previous 3.4 %.
Tokyo's Nikkei share average opens down 0.20 pct at 22,819.17.
