The US Dollar fell against the Japanese Yen in Asian trading below 149.70 levels.
The USD/JPY currency declined after the greenback fell against its rivals in the Asian session after Bank of Japan Governor Uchida outlined that the bank’s future rate moves are data dependent. 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.