USD/JPY gains ground for first session in four

USD/JPY tilted higher in Asian trade off March 25 lows, amid a lack of data from Japan and ahead of US data and Fed speeches today.

As of 07:07 GMT, USD/JPY rose 0.01% to 108.94, with an intraday high at 108.98.

From the US, retail sales are expected up 5.8% in March, while core sales are estimated up 5.1%. 

US unemployment claims for the week ending April 10 are expected down 41 thousand to 703 thousand, while continuing claims for the previous week are expected down 34K to 3.7 million.

US Philly manufacturing index is expected down to 41.0, while the Empire State Manufacturing index is expected up to 19.3 from 17.4. 

US capacity utilization rate is expected up to 75.6% from 73.8% in February. 

Federal Reserve Bank of San Francisco President Mary Daly is due to speak about financial stability and monetary policy at an online event hosted by the Money Marketeers of New York University.