USD/JPY rebounds from ten-month nadir ahead of Fed's minutes

USD/JPY tilted higher in Asian trade off March 10 lows following earlier data from Japan and ahead of US data and Fed's meeting minutes later today.

As of 07:19 GMT, USD/JPY rose 0.01% to 102.74, with an intraday high at 102.87, and a ten-month nadir at 102.59. 

From Japan's consumer confidence is expected down to 31.8 from 33.7, while the Japanese government announced to plan to impose emergency state for the second time to control the Covid 19 pandemic. 

The World Health Organization reported 84.47 million cases of Covid 19 worldwide so far, with the death toll standing at 1.84 million.

From the US, private sector employment is expected to have added 60 thousand jobs in December, down from 307K in November. 

US factory orders are expected up 0.7% in November, slowing down from 1% in October. 

The Federal Reserve will release minutes of the December 15-16 meeting, at which interest rates were held at the record low of near zero.