FxWirePro: Japanese yen trades marginally lower in early Asia after mixed economic data
USD/JPY is currently trading around 108.50 marks. It made intraday high at 108.53 and low at 108.32 levels. Intraday bias remains slightly bullish till the time pair holds key support at 108.06 marks. A daily close above…
It made intraday high at 108.53 and low at 108.32 levels.
Intraday bias remains slightly bullish till the time pair holds key support at 108.06 marks.
A daily close above 108.46 will take the parity higher towards key resistances around 109.50, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
On the other side, a sustained close below 108.06 will drag the parity down towards key supports around 107.65, 106.90, 106.32 and 105.25 levels respectively.
Japan April 2019 all household spending mm decrease to -1.4 % (forecast -0.3 %) vs previous 0.1 %.
Japan April 2019 overall lab cash earnings increase to -0.1 % vs previous -1.3 % (revised from -1.9 %).
Japan May 2019 foreign reserves increase to 1308 usd vs previous 1293.5 usd.
Japan April 2019 overtime pay increase to -1.1 % vs previous -3.1 %.
