FxWirePro: Japanese yen trades marginally lower in early Asia as prelim GDP data misses expectations
USD/JPY is currently trading around 113.93 marks. It made intraday high at 113.98 and low at 113.75 levels. Intraday bias remains slightly bullish till the tme pair holds key support at 113.50 mark. A daily close above 1…
It made intraday high at 113.98 and low at 113.75 levels.
Intraday bias remains slightly bullish till the tme pair holds key support at 113.50 mark.
A daily close above 113.80 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
On the other side, a sustained close below 113.80 will drag the parity down towards key supports around 112.98, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
Japan Q3 2018 GDP qq decrease to -0.3 % (forecast -0.3 %) vs previous 0.8 % (revised from 0.7 %).
Japan Q3 2018 GDP qq annualised decrease to -1.2 % (forecast -1 %) vs previous 3 %.
Japan Q3 2018 GDP qq pvt consmp prelim decrease to -0.1 % (forecast -0.2 %) vs previous 0.7 %.
Japan Q3 2018 GDP qq capital expend. decrease to -0.2 % vs previous 3.1 %.
Japan Q3 2018 GDP qq external demand stays flat at -0.1 % (forecast -0.1 %) vs previous -0.1 %.
Tokyo's Nikkei share average opens up 0.19 pct at 21,851.13.
