FxWirePro: Japanese yen trades marginally lower after BOJ’s monetary policy meeting minutes
USD/JPY is currently trading around 111.65 marks. It made intraday high at 111.66 and low at 111.28 levels. Intraday bias remains slightly bullish till the time pair holds key support at 111.00 mark. A daily close above …
It made intraday high at 111.66 and low at 111.28 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 111.00 mark.
A daily close above 111.88 will take the parity higher towards key resistances around 112.60, 113.98, 114.54 and 115.24 levels respectively.
On the other side, a sustained close below 111.15 will drag the parity down towards key supports around 110.45, 109.42, 108.49, 107.65 and 105.25 levels respectively.
Tokyo's Nikkei share average opens down 0.08 pct at 21,548.65.
BOJ january meeting minutes - Most members agreed it was appropriate to persistently continue with powerful monetary easing.
BOJ minutes - Many board members said benefits of easing policy exceeding demerits.
