USD/JPY dips for first session in three

USD/JPY tilted lower in Asian trade off November highs following a spate of data from Japan and ahead of US data later today.

As of 06:02 GMT, USD/JPY inched down 0.02% to 113.52, with an intraday low at 113.36.

Japanese data showed local GDP shrank 0.9% in the third quarter, compared to a 0.5% growth rate in the second quarter, while GDP prices fell 1.2%.

Bank of Japan's bank lending data showed a rise 0.6% in November, compared to a 0.9% increase in October.

Current account surplus fell to 1.034 trillion yen from 1.666 trillion, missing estimates of 1.56 trillion, while current conditions watchers index rose to 56.3 from 55.5.

From the US, jobs openings are expected to increase to 10.45 million in October from 10.44 million in September, while unemployment fell to March 2020 lows at 4.2% from 4.6% in October.

The economy added 210 thousand jobs last month, down from 546K addition in October, while average earnings rose 0.3%.