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FxWirePro: Japanese yen remains almost unchanged after household spending data

  • USD/JPY is currently trading around 112.74 marks.
     
  • It made intraday high at 112.74 and low at 112.62 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 112.65 will take the parity higher towards key resistances around 113.20, 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 112.65 will drag the parity down towards key supports around 112.22, 111.75, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Oct 2018 all household spending mm increase to 1.8 % (forecast 1.4 %) vs previous -4.5 %.
     
  • Japan Oct 2018 all household spending yy increase to -0.3 % (forecast 1.4 %) vs previous -1.6 %.
     
  • Japan Oct 2018 overtime pay increase to 1.9 % vs previous 0.2 % (revised from 0.4 %).
     
  • Japan Oct 2018 overall lab cash earnings increase to 1.5 % vs previous 0.8 % (revised from 1.1 %).
     
  • Tokyo's Nikkei share average opens up 0.66 pct at 21,643.75.
  • Market Data
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