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, ahead of the FED’s and the BoJ interest rates decisions on Wednesday. In Japan, Trade Balance data for February (722.8 bln exp) will be released (23:50 GMT). In the US, Year on Year Industrial Production data for February (2.0% last month) will be released (12:30 GMT).