The US Dollar is down against the Japanese Yen in the European trading session, trading below 150.00 levels.
The USD/JPY currency pair is trading lower in the European session, as investors take into account good growth forecasts for Japan and an increasing odds of Boj interest rate hikes. In Japan, Foreign Investments in Japanese Stocks (-1,038 bln last month) will be posted (23:50 GMT). In the US, ADP Nonfarm Employment Change for February (144,000 exp), S&P Global Services PMI for February (49.7 exp) and ISM Non-Manufacturing PMI for February data (53.0 exp) will be posted at 13:15 GMT and 15:00 GMT respectively.