FxWirePro: Japanese yen remains almost unchanged after core machinery orders data
Wednesday, March 13, 2019 1:24 AM UTC
- USD/JPY is currently trading around 111.25 marks.
- It made intraday high at 111.37 and low at 111.24 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 111.50 mark.
- A daily close above 111.34 will take the parity higher towards key resistances around 112.60, 113.98, 114.54 and 115.24 levels respectively.
- On the other side, a sustained close below 111.34 will drag the parity down towards key supports around 110.45, 109.42, 108.49, 107.65 and 105.25 levels respectively.
- Tokyo's Nikkei share average opens down 0.36 pct at 21,425.77.
- Japan Jan 2019 machinery orders yy decrease to -2.9 % (forecast -2.3 %) vs previous 0.9 %.
- Japan Jan 2019 machinery orders mm decrease to -5.4 % (forecast -1.7 %) vs previous -0.1 %.
- Japan Jan core machinery orders month on month fall is largest since Sept 2018.