The US Dollar is up against the Japanese Yen in the European trading session, trading above 148.60 levels.
The USD/JPY currency pair is trading higher in the European session, as investors take profits from more than 5-month low levels of the USDJPY currency. In Japan, Foreign Investments in Japanese Stocks data (-708.3 bln previous) will be posted (23:50 GMT). In the US, CPI Inflation data for February (2.9% exp) will be released (12:30 GMT).