Yen hovers near year nadir versus dollar

Dollar tilted lower in Asian trade against yen not far from November 2017 highs, following earlier consumer confidence data from Japan, and ahead of a high-profile speech by Federal Reserve Chair Jerome Powell. 

As of 05:40 GMT, USD/JPY barely inched up to 113.91, with an intraday low at 113.82, and a high at 114.02. 

Earlier Japanese data showed an index produced by the Prime Minister office to track consumer sentiment up for the first time in four months to 43.4 in September from 43.3, beating estimates of 43.0. 

Otherwise, Federal Reserve Governor Randal Quarles will testify today on the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act before the Senate Banking Committee, in Washington DC, while Fed Chair Jerome Powell is due to speak about the outlook for employment and inflation at the National Association for Business Economics Annual Meeting, in Boston.