Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: Japanese yen trades almost flat despite robust core CPI data

  • USD/JPY is currently trading around 106.20 marks.
     
  • It made intraday high at 106.29 and low at 106.07 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 106.22 will take the parity higher towards key resistances around 107.32, 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
     
  • On the other side, a sustained close below 106.22 will drag the parity down towards key supports around 105.55, 104.96 and 103.34 levels respectively.
     
  • Japan Jan unemployment rate decrease to 2.4 % (forecast 2.7 %) vs previous 2.8 %.
     
  • Japan Feb CPI core Tokyo y/y increase to 0.9 % (forecast 0.8 %) vs previous 0.7 %.
     
  • Japan Feb CPI, overall Tokyo increase to 1.4 % vs previous 1.3 %.
     
  • Tokyo's Nikkei share average opens down 1.77 pct at 21,339.98.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.