The US Dollar is down against the Japanese Yen in the European trading session, trading below 142.40 levels.
The USD/JPY currency pair is retreating in the European session, as the US-China trade war is escalating, creating negative pressure for the dollar. In Japan M2 Money Supply for March was released with data being lower than expected (0.8% realised vs 1.2% expected). In the US, PPI data for March (0.2% exp) will be posted (13:30 GMT+1).