The Japanese yen fell against the US dollar on Wednesday despite positive economic data.
Earlier Japanese data showed the consumer confidence index jumped to 33.7 points last month, beating forecasts of 33 points, after 33.6 points in October, while the monetary base was up 16.5% in November, less than forecasts of 17.2%.
The markets are closely monitoring the latest developments in the coronavirus crisis, after the virus' death toll rose to more than 1.5 million victims worldwide, however, more news about the effective Covid-19 vaccines emerged.
US Treasury Secretary Steven Mnuchin met with House Speaker Nancy Pelosi to talk about restarting negotiations for the second fiscal Covid-19 stimulus package.
As of 21:00 GMT, USD/JPY rose 0.2% to 104.4, after hitting a high of 104.7, and a low of 104.2.