The currency pair established local lows on Thursday. USD/JPY stays below 107.40 at the moment of writing.

Closest support areas: 107.06, 106.77, 106.29

Closest resistance areas: 107.40, 107.71, 108.14

Macroeconomic data

USD

Core PCE Price Index m/m

Personal Spending m/m

Goods Trade Balance

Personal Income m/m

Prelim Wholesale Inventories m/m

Chicago PMI

Revised UoM Consumer Sentiment

Revised UoM Inflation Expectations

Fed Chair Powell Speaks