USDJPY Movement
For the 24 hours to 23:00 GMT, USD weakened 0.06% against the JPY and closed at 80.80.
In the US, the Federal Reserve Bank of New York reported that its general business conditions index fell to a reading of 11.9 in May, compared to a reading of 21.7 recorded in April.
In Japan, the consumer confidence index declined to 33.1 in April from 38.6 in March.
In the Asian session at 3:00GMT, the pair is trading higher from the New York close, by 0.45%, at 81.16.
The first short term resistance is at 81.38, followed by 81.61. The pair is expected to find support at 80.79 and the subsequent support level at 80.43.
Trading trends in the pair today are expected to be determined by release of tertiary industry index in Japan.
The currency pair is trading above its 20 Hr moving average and its 50 Hr moving average.
