FxWirePro: Japanese yen remains almost unchanged after CPI, core CPI data
Friday, January 24, 2020 1:33 AM UTC
- USD/JPY is currently trading around 109.52 marks.
- It made intraday high at 109.57 mark and low at 109.47 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 109.49 will take the parity higher towards key resistances around 110.22, 110.70, 111.44 and 112.40 levels respectively.
- On the other side, a sustained close below 109.49 will drag the parity down towards key supports around 109.02, 107.77, 106.76, 105.95, 104.00 and 102.22 levels respectively.
- Japan’s national CPI y/y stands at 0.8 pct vs 0.5 pct previous release.
- Japan’s national core CPI y/y stands at 0.7 pct vs 0.5 pct previous release (expected 0.7).
- Japan’s manufacturing PMI stands at 49.3 pct vs 48.4 pct previous release.
- Japan’s Nikkei was trading 0.08 pct higher at 23,809.50 points.