FxWirePro: USD/JPY hovers around 109.60 mark, BOJ’s policy rate decision in focus
Thursday, December 19, 2019 1:45 AM UTC
- USD/JPY is currently trading around 109.57 marks.
- It made intraday high at 109.68 mark and low at 109.52 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 109.54 will take the parity higher towards key resistances around 109.72, 110.70, 111.44 and 112.40 levels respectively.
- On the other side, a sustained close below 109.21 will drag the parity down towards key supports around 108.40, 108.02, 107.47, 106.76, 105.95, 104.00 and 102.22 levels respectively.
- Japan’s Nikkei was trading 0.32 pct lower at 23,858.50 points.
- Japan’s foreign bond buying stands at 511.9B vs 235.7B previous release.
- Japan’s foreign investment stands at -52.1B vs -200.3B.