USD/JPY climbs ahead of Powell's second testimony
USD/JPY tilted higher in Asian trade following earlier data from Japan and ahead of US data, and the second part of Fed Chair Jerome Powell's Congressional testimony.
As of 07:28 GMT, USD/JPY rose 0.11% to 104.44, with an intraday high at 104.46.
Earlier Japanese data showed the monetary base up 16.5% in November, while consumer confidence improved barely to 33.7 from 33.6.
From the US, private sector employment is expected up 433 thousand in November, up from 365K in October.
Federal Reserve Bank of New York President John Williams is due to speak about the economic impacts of COVID-19 at a webinar hosted by Federal Reserve Bank of New York.
Federal Reserve Governor Randal Quarles will speak today about financial regulation at the Financial Times Global Banking Digital Conference.
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