FxWirePro: Japanese yen trades marginally lower as current account, bank lending data miss expectations
USD/JPY is currently trading around 106.95 marks. It made intraday high at 107.02 and low at 106.80 levels. Intraday bias remains neutral for the moment. A daily close above 106.92 will take the parity higher towards key…
It made intraday high at 107.02 and low at 106.80 levels.
Intraday bias remains neutral for the moment.
A daily close above 106.92 will take the parity higher towards key resistances around 107.85, 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
On the other side, a sustained close below 106.43 will drag the parity down towards key supports around 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
Japan’s Nikkei was trading 0.47 pct higher at 21,299.48 points.
Japan bank lending stands at 2.1 pct vs 2.3 pct previous release.
Japan current account stands at 1.65T vs 1.94T previous release.
Japan final GDP q/q at 0.3 pct vs 0.4 pct previous release.
