The US Dollar is up against the Japanese Yen in the European trading session, trading above 145.00 levels.
The USD/JPY traded higher in the European session, as new trade tensions created by US President Donald Trump are creating safe-haven demand for the US dollar. In Japan, Foreign Reserves for June came out with data being higher for this month than the month before (1.313B for this month and 1.298B for the previous month). In the US, the Fed’s Balance Sheet (6.622 bln) will be published (21:30 GMT+1).