The US Dollar is down against the Japanese Yen in the European trading session, trading below 148.40 levels.
The USD/JPY currency pair is retreating in the European session, as potential new trade talks are creating negative pressures for the US dollar. In Japan, Current Account figures for February were released with data being higher than anticipated (3.800T expected vs 4.016T realised). In the US, Fed member Daly will speak (21:30 GMT+1).