FxWirePro: Japanese yen trades marginally higher after trade balance data, BOJ’s policy rate decision in focus
Wednesday, September 19, 2018 1:09 AM UTC
- USD/JPY is currently trading around 112.26 marks.
- It made intraday high at 112.38 and low at 112.23 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 112.35 will take the parity higher towards key resistances around 112.62, 113.20, 114.73 and 115.90 levels respectively.
- On the other side, a sustained close below 112.35 will drag the parity down towards key supports around 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
- Tokyo's Nikkei share average opens up 1.43 pct at 23,754.96.
- Japan Aug 2018 exports yy increase to 6.6 % (forecast 5.6 %) vs previous 3.9 %.
- Japan Aug 2018 imports yy increase to 15.4 % (forecast 14.9 %) vs previous 14.6 %.
- Japan Aug 2018 trade balance total yen decrease to -444.6 jpy (forecast -468.7 jpy) vs previous -231.9 jpy (revised from -231.2 jpy).