Yen appreciated against major peers after economic data
Thursday, October 8, 2015 4:49 AM UTC
- Pair trades -0.08% at 190.91, having tested weekly lows near 119.83 levels.
- USD/JPY remains little affected by the poor datasets from Japan released earlier on the day. Core machine orders dropped 3.5%, below expectations for an increase of 3.5%.
- Trade balance came in at a deficit of 326.1 billion yen, following the 108.0 billion yen shortfall in the previous month.
- Initial Support levels are at 119.22, 118.68 levels.
- Resistance are seen around 120.35, 120.61 levels.
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