USD/JPY falls below 107.00, US data eyed

FXStreet (Córdoba) - USD/JPY fell to fresh daily lows sub-107 at the beginning of the American session as investors await the next series of US data, including September’s retail sales and producer price index.

USD/JPY came under pressure in a bout of dollar selling and hit a low of 106.88 in recent dealings. At time of writing, the pair is trading at the 106.95 zone, recording a 0.33% loss on the day.

USD/JPY was rejected from the 107.50 area during the European session and turned intraday negative as investors adjust positions ahead of data.