USD/JPY loses ground for first session in three

USD/JPY tilted lower in Asian trade off May 20 highs amid a lack of data from Japan and ahead of US data later today. 

as of 07:09 GMT, USD/JPY fell 0.09% to 109.04, with an intraday low at 109.04. 

From the US, GDP growth is expected at 6.5% in the first quarter, up from 6.4% in the preliminary reading, while GDP prices are expected up 4.1% unchanged in the first quarter from the preliminary reading.

Durable goods orders are expected up 0.8% in April, while core orders are expected up 0.8% in April, compared to a 1.9% rise in March. 

Unemployment claims for the week ending May 22 are expected down 17 thousand to 427 thousand, while durable goods orders are expected down 71 thousand for the week ending May 15 to 3.68 million, as pending home sales are expected up 0.6%, slowing down from 1.9% in March.