USD/JPY rises for fourth straight session to two-month high

USD/JPY tilted higher in Asian trade to April 6 highs following earlier data from the US while markets price in US protests and steps to reopen global economies.

As of 06:10 GMT, USD/JPY rose 0.08% to 109.24, with a two-month high at 109.31. 

Earlier Japanese data showed household spending down 11.1% in April, while the CB leading index is expected down to 76.2 in April from 84.7. 

From the US, payrolls are expected down 7.75 million in May, compared to a 20.53 million drop in April, while average earnings are expected up 1%, and the unemployment rate is expected up to 19.4%. 

US President Donald Trump said he doesn't expect he'll need to deploy the army to suppress riots across cities for the killing on an unarmed black man by police in Minnesota. 

The protests raised concerns of faster spread for coronavirus, while US President Donald Trump criticized mayors for "weakness" in responding to the riots and protests, calling for a heavier approach.