FxWirePro: Japanese yen trades marginally lower after core machinery orders, PPI data
Wednesday, December 12, 2018 1:19 AM UTC
- USD/JPY is currently trading around 113.45 marks.
- It made intraday high at 113.51 and low at 113.30 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 113.36 will take the parity higher towards key resistances around 113.98, 114.45, 114.73, 115.90, 116.34 and 117.02 levels respectively.
- On the other side, a sustained close below 113.36 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 machinery orders mm increase to 7.6 % (forecast 10.5 %) vs previous -18.3 %.
- Japan Nov 2018 corporate goods price yy decrease to 2.3 % (forecast 2.4 %) vs previous 2.9 %.
- Japan Nov 2018 corporate goods price mm decrease to -0.3 % (forecast -0.1 %) vs previous 0.3 %.
- Tokyo's Nikkei share average opens up 0.95 pct at 21,348.40.