FxWirePro: Japanese yen trades marginally higher in early Asia after mixed economic data
USD/JPY is currently trading around 108.94 marks. It made intraday high at 109.07 and low at 108.88 levels. Intraday bias remains neutral for the moment. A daily close above 108.95 will take the parity higher towards key…
It made intraday high at 109.07 and low at 108.88 levels.
Intraday bias remains neutral for the moment.
A daily close above 108.95 will take the parity higher towards key resistances around 109.40, 110.32, 110.92, 111.87, 112.78, 113.75 and 114.17 levels respectively.
On the other side, a sustained close below 108.95 will drag the parity down towards key supports around 108.50, 107.32, 106.72, 106.03 and 104.96 levels respectively.
Japan Dec unemployment rate increase to 2.8 % (forecast 2.7 %) vs previous 2.7 %.
Japan Dec all household spending mm decrease to -2.5 % (forecast -0.6 %) vs previous 2.1 %.
Japan Dec retail sales y/y increase to 3.6 % (forecast 1.8 %) vs previous 2.1 % (revised from 2.2 %).
Tokyo's Nikkei share average opens down 0.30 pct at 23,559.33.
