Yen rises for first session in three against dollar

USD/JPY tilted lower in Asian trade off late December highs for another session, in a day that lacks Japanese data and ahead of US services data later today. 

As of 05:58 GMT, USD/JPY shed 0.06% to 109.82, with an intraday low at 109.82, and a high at 110.04. 

US Data

Now investors await the Markit services PMI for the US, expected down to 54.2 from 54.4 in December, while the ISM services PMI is expected down to 57.2 from 57.6. 

The Federal Open Market Committee voted at the January 29-30 meeting to hold overnight interest rates below 2.5%, while changing the wording for future policies to "patience" as the FOMC monitors economic and trade developments.