USD/JPY on track for a weekly loss

USD/JPY tilted lower in Asian trade away from April 13 highs following earlier data from Japan and ahead of US data later today. 

As of 06:50 GMT, USD/JPY fell 0.01% to 109.08, with an intraday low at 108.94. 

From Japan, average income rose 0.2% in March, compared to a 0.4% drop in February, while the monetary base index rose 24.3% in March. 

 From the US, the payrolls report is expected to show 990K additional jobs in the economy last month, while unemployment is expected down to 5.8% from 6%.

Federal Reserve Bank of Richmond President Thomas Barkin is due  speak at the West Virginia Chamber, via satellite later today, while wholesale inventories are expected up 1.4% in March, compared to a 0.6% increase in February.