FxWirePro: Japanese yen trades marginally higher on robust CPI, core CPI data
Friday, July 27, 2018 2:37 AM UTC
- USD/JPY is currently trading around 111.00 marks.
- It made intraday high at 111.24 and low at 110.95 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 111.54 mark.
- A daily close above 110.97 will take the parity higher towards key resistances around 111.54, 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 110.97 will drag the parity down towards key supports around 110.28, 109.96, 109.36 and 108.34 levels respectively.
- Japan July 2018 CPI core Tokyo yy increase to 0.8 (forecast 0.7, previous 0.7 ).
- Japan July 2018 CPI, overall Tokyo increase to 0.9 (forecast 0.5, previous 0.6).
- Tokyo's Nikkei share average opens up 0.26 pct at 22,646.48.