The currency pair surged on Thursday and broke out 109.04. USD/JPY stays above this level at press time.

Closest support areas: 109.04, 108.80, 108.53

Closest resistance areas: 109.25, 109.57, 109.88

Macroeconomic data

USD

FOMC Member Daly Speaks

Core PCE Price Index m/m

Goods Trade Balance

Personal Income m/m

Personal Spending m/m

Prelim Wholesale Inventories m/m

Revised UoM Consumer Sentiment

Revised UoM Inflation Expectations