FxWirePro: USD/JPY hits fresh 2-week low to 103.39 mark ahead of BOJ’s monetary policy statement
USD/JPY is currently trading around 104.31 marks. It made intraday high at 105.33 and low at 103.39 levels. Intraday bias remains bearish for the moment. A daily close above 105.50 will take the parity higher towards key…
It made intraday high at 105.33 and low at 103.39 levels.
Intraday bias remains bearish for the moment.
A daily close above 105.50 will take the parity higher towards key resistances around 106.12, 106.72, 107.49, 107.90 and 109.13 levels respectively.
On the other side, a sustained break below 103.39 will drag the parity down towards key supports at 102.45, 101.47, 100.59, 99.99, 99.27 and 98.78 levels respectively.
Japan June CPI core nationwide y/y decrease to -0.5 % (forecast -0.4 %) vs previous -0.4 %.
Japan June CPI, overall nationwide stays flat at -0.4 % vs previous -0.4 %.
Japan July CPI core Tokyo y/y increase to -0.4 % (forecast -0.5 %) vs previous -0.5 %.
Japan July CPI, overall Tokyo increase to -0.4 % vs previous -0.5 %.
Japan June unemployment rate decrease to 3.1 % (forecast 3.2 %) vs previous 3.2 %.
Japan June retail sales y/y increase to -1.4 % (forecast -1.5 %) vs previous -1.9 %.
In addition, Bank of Japan will release its latest monetary policy statement and interest rate decision.
