FxWirePro: Yen gains in early hours on robust tankan manufacturing index, household spending data
USD/JPY is currently trading around 102.90 marks. It made intraday high at 103.39 and low at 102.82 levels. Intraday bias remains bearish till the time pair holds key resistance at 103.45 marks. A daily close above 103.4…
It made intraday high at 103.39 and low at 102.82 levels.
Intraday bias remains bearish till the time pair holds key resistance at 103.45 marks.
A daily close above 103.45 is required to take the parity higher towards key resistances around 103.78, 104.80, 106.12 and 107.46 levels respectively.
On the other side, a sustained break below 102.17 will drag the parity down towards key supports at 101.55, 100.98, 99.27 and 98.82 levels respectively.
Japan Q2 tankan big manufacturing index stays flat at 6 (forecast 4) vs previous 6.
Japan Q2 tankan big non-manufacturing index decrease to 19 (forecast 19) vs previous 22.
Japan June CPI, overall Tokyo stays flat at -0.5 % vs previous -0.5 %.
Japan may unemployment rate stays flat at 3.2 % (forecast 3.2 %) vs previous 3.2 %
Japan may CPI, overall nationwide decrease to -0.4 % vs previous -0.3%.
Japan may all household spending y/y decrease to -1.1 % (forecast -1.4 %) vs previous -0.4 %.
