JPY strengthens against most other G-10 and Asian currencies in the morning session.
Japan's CPI data will likely be in focus on Friday in the absence of U.S. economic data for the rest of this week, says Saxo Markets' APAC Strategy Team in a commentary. A higher-than-expected CPI reading will likely spur speculation of a policy tweak by the Bank of Japan and lead to JPY appreciation, the team adds.
USD/JPY is down 0.2% at 149.21; AUD/JPY edges 0.1% lower to 97.75; EUR/JPY is down 0.2% at 162.54.
Source: Marketwatch
