FxWirePro: Japanese yen trades marginally lower after monetary policy meeting minutes, core machinery orders data

• USD/JPY is currently trading around 106.68 marks.
   
• It made intraday high at 106.74 and low at 106.39 levels.
   
• Intraday bias remains neutral for the moment.
   
• A daily close above 106.57 will take the parity higher towards key resistances around 107.32, 107.90, 108.64, 110.32, 110.92 and 111.87 levels respectively.
   
• On the other side, a sustained close below 106.57 will drag the parity down towards key supports around 106.15, 105.35, 104.96 and 103.34 levels respectively.
   
• Japan Jan machinery orders m/m increase to 8.2 % (forecast 5.6 %) vs previous -11.9 %.
   
• Tokyo's Nikkei share average opens down 0.92 pct at 21,764.99.
   
• BOJ January meeting minutes - Most members said momentum toward hitting price target was being maintained.
   
• BOJ minutes - Most members shared view BOJ should persistently pursue powerful monetary easing.
   
• BOJ minutes - Some members said must monitor positive impact, side effects of policy including effect on financial system.

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