The US Dollar is up against the Japanese Yen in the European trading session, trading above 146.44 levels.
The USD/JPY currency pair is advancing in the European session, as the BoJ announced that they will be raising interest rates just one more time in 2025, then pausing, keeping in mind the negative impact of the US tariffs. In Japan, Household Spending for February was released with data being higher than expected (-0.5% realised vs -0.9% expected). In the US, Nonfarm Payrolls and Unemployment data (137k and 4.1% respectively exp) will be posted (13:30 GMT+1), and Fed Chair Powell will speak (16:25 GMT+1).