USD/JPY declines for first session in four

USD/JPY tilted lower in Asian trade away from June 2020 highs after Bank of Japan released a report of its policy expectations, and ahead of speeches by Federal Reserve officials. 

As of 06:55 GMT, USD/JPY fell 0.18% to 109.46, with an intraday low at 109.37, and a high at 109.80.

Bank of Japan released the minutes of the March 18-19 meeting, at which it held rates at negative 10% while pledging to keep the policies easy and supportive to the economy. 

Federal Reserve Governor Christopher Waller is due to participate in a virtual panel discussion about Federal Reserve independence at an online event hosted by the Peterson Institute for International Economics.

White House spokeswoman said President Joe Biden will expand on his coronavirus recovery plan in April, focusing on healthcare and women labor participation among other issues. 

Biden's plan are partitioned into two: saving then recovery, with added focus on infrastructure spending and childcare. 

Biden is expected to present the details of his infrastructure plan in a speech soon, with Democrats suggesting up to $3 trillion of infrastructure spending.