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FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo

FxWirePro: Japanese Yen trades almost flat against U.S. Dollar after cash earnings data

Japanese Yen trades almost flat against U.S. Dollar after cash earnings data

  • USD/JPY is currently trading around 113.75 marks.
  • It made intraday high at 113.82 and low at 113.69 levels.
  • Intraday bias remains neutral till the time pair holds key support at 113.69 marks.
  • A daily close above 113.69 will take the parity higher towards key resistances around 114.17, 114.88, 115.50, 117.21 and 118.18 levels respectively.
  • On the other side, a sustained close below 113.69 will drag the parity down towards key supports around 112.95, 111.99, 111.47, 110.99, 109.88, 108.12, 107.32, 106.72, 106.03 and 104.96 levels respectively.
  • Japan Sep overtime pay decrease to 0.9 % vs previous 1.5 %.
  • Tokyo’s Nikkei share average opens down 0.13 pct at 22,518.75.
  • Japan Sept total cash earnings mark fastest gain since July 2016.
  • Japan inflation-adjusted real wages down for fourth straight month.

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