The US Dollar is up against the Japanese Yen in the European trading session, trading above 150.90 levels.
The USD/JPY currency pair is soaring higher in the European session, as fresh car tariffs threaten the Japanese car export industry, creating negative pressures for the Yen. In Japan, Tokyo Core CPI for March (2.2% exp) will be released (23:30 GMT). In the US, Initial Jobless Claims data (225 exp) and US Q4 GDP data (2.3% exp) will be released (12:30 GMT).