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FxWirePro: Japanese yen remains almost unchanged after CPI, core CPI data

  • USD/JPY is currently trading around 110.74 marks.
     
  • It made intraday high at 110.75 and low at 110.61 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 111.00 mark.
     
  • A daily close above 111.00 will take the parity higher towards key resistances around 111.36, 112.60 and 113.98 levels respectively.
     
  • On the other side, a sustained close below 110.45 will drag the parity down towards key supports around 109.42, 108.49, 107.65 and 105.25 levels respectively.
     
  • Tokyo's Nikkei share average opens down 0.41 pct at 21,376.36.
     
  • Japan Jan 2019 CPI, core nationwide yy increase to 0.8 % (forecast 0.8 %) vs previous 0.7 %.
  • Japan Jan 2019 CPI, overall nationwide decrease to 0.2 % vs previous 0.3 %.
     
  • Japan Jan 2019 CPI index ex fresh food decrease to 101.2 vs previous 101.4.
     
  • Japan Jan 2019 CPI nsa stays flat at 101.5 vs previous 101.5.
  • Market Data
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