x
Breaking News
0

Japan’s Tertiary Industry Index Unexpectedly Declined In August

By GCI FinancialForexOct 12, 2017 02:39AM ET
www.investing.com/analysis/japans-tertiary-industry-index-unexpectedly-declined-in-august-200218330
Japan’s Tertiary Industry Index Unexpectedly Declined In August
By GCI Financial   |  Oct 12, 2017 02:39AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

USDJPY Movement
USDJPY Movement

For the 24 hours to 23:00 GMT, the USD rose 0.1% against the JPY and closed at 112.49.

In economic news, Japan’s preliminary machine tool orders recorded a rise of 45.3% YoY in September. In the previous month, machine tool orders had risen 36.2%.

In the Asian session, at GMT0300, the pair is trading at 112.42, with the USD trading 0.06% lower against the JPY from yesterday’s close.

Early morning data indicated that Japan’s tertiary industry index unexpectedly fell 0.2% in August, compared to a rise of 0.1% in the previous month and defying market consensus for an advance of 0.1%.

The pair is expected to find support at 112.14, and a fall through could take it to the next support level of 111.85. The pair is expected to find its first resistance at 112.65, and a rise through could take it to the next resistance level of 112.87.

The currency pair is trading above its 20 Hr moving average and showing convergence with its 50 Hr moving average.

Japan’s Tertiary Industry Index Unexpectedly Declined In August
 

Related Articles

Japan’s Tertiary Industry Index Unexpectedly Declined In August

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

 
Are you sure you want to delete this chart?
 
Write your thoughts here
 
Replace the attached chart with a new chart ?
Post
Post also to:
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
 
 
 
Add Chart to Comment
Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: GCI Weekly Highlights is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be used as investment advice. GCI Financial Ltd. assumes no responsibility or liability from gains or losses incurred by the information herein contained.
Continue with Google
or
Sign up with Email