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FxWirePro: Japanese yen remains unchanged despite lower than expected core machinery orders data

Thursday, May 17, 2018 1:43 AM UTC

USD/JPY is currently trading around 110.33 marks.
It made intraday high at 110.40 and low at 110.26 levels.
Intraday bias remains neutral till the time pair holds key resistance at 110.40 mark.
A daily close above 110.40 will take the parity higher towards key resistances around 110.92, 111.87, 112.56 and 113.44 levels respectively.
On the other side, a sustained close below 110.40 will drag the parity down towards key supports around 109.64, 108.54, 107.65, 106.98, 106.61 and 105.98 levels respectively.
Japan March machinery orders y/y decrease to -2.4 % (forecast 0.3 %) vs previous 2.4 %.
Japan March machinery orders m/m decrease to -3.9 % (forecast -3 %) vs previous 2.1 %.
Tokyo's Nikkei share average opens up 0.46 pct at 22,820.62.

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FxWirePro: Japanese yen remains unchanged despite lower than expected core machinery orders data

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