FxWirePro: Japanese yen trades marginally lower after mixed economic data
USD/JPY is currently trading around 110.25 marks. It made intraday high at 110.31 and low at 110.01 levels. Intraday bias remains bullish till the time pair holds key support at 109.42 mark. A daily close above 110.05 wi…
It made intraday high at 110.31 and low at 110.01 levels.
Intraday bias remains bullish till the time pair holds key support at 109.42 mark.
A daily close above 110.05 will take the parity higher towards key resistances around 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
On the other side, a sustained close below 110.05 will drag the parity down towards key supports around 109.42, 108.49, 107.65 and 105.25 levels respectively.
Japan Q1 2019 GDP qq capital expenditure decrease to -0.3 % (forecast -1.7 %) vs previous 2.5 % (revised from 2.7 %).
Japan Q1 2019 GDP qq increase to 0.5 % vs previous 0.4 % (revised from 0.5 %).
Japan Q1 2019 GDP qq external demand increase to 0.4 % (forecast 0.3 %) vs previous -0.3 %.
Japan Q1 2019 GDP qq annualised increase to 2.1 % (forecast -0.2 %) vs previous .6 % (revised from 1.9 %).
Japan Q1 2019 GDP qq private consmpution prelim decrease to -0.1 % (forecast -0.1 %) vs previous 0.2 % (revised from 0.4 %).
