The US Dollar is up against the Japanese Yen in the European trading session, trading above 143.000 levels.
The USD/JPY currency pair is gaining ground in the European session, ahead of tomorrow’s Bank of Japan interest rate decision where it is expected that the BoJ will keep interest rates at the same level. In Japan, Industrial Production for March came out lower than expected (-0.5% expected vs -1.1% realised). In the US, ADP Nonfarm Employment Change for April (123k exp) will be released (13:15 GMT+1), GDP for Q1 (0.4% exp) will be posted (13:30 GMT+1) and Core PCE Price Index for March (2.6% exp) will be posted (15:00 GMT+1).