FxWirePro: Japanese yen trades marginally lower as current account, bank lending data miss expectations
Monday, September 9, 2019 1:28 AM UTC
- USD/JPY is currently trading around 106.95 marks.
- It made intraday high at 107.02 and low at 106.80 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 106.92 will take the parity higher towards key resistances around 107.85, 109.62, 110.70, 111.44, 112.40, 112.88 and 113.26 levels respectively.
- On the other side, a sustained close below 106.43 will drag the parity down towards key supports around 105.95, 104.00, 102.22, 101.68 and 100.98 levels respectively.
- Japan’s Nikkei was trading 0.47 pct higher at 21,299.48 points.
- Japan bank lending stands at 2.1 pct vs 2.3 pct previous release.
- Japan current account stands at 1.65T vs 1.94T previous release.
- Japan final GDP q/q at 0.3 pct vs 0.4 pct previous release.