The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Thursday and looks to build on the previous day's modest bounce from the vicinity of a multi-decade low.
Here is what you need to know on Thursday, April 4: The US Dollar (USD) came under renewed selling pressure on Wednesday and the USD Index closed the second consecutive day in negative territory.
Business activity in the US service sector continued to expand in March, albeit at a more moderate pace than in February, with the ISM Services PMI edging lower to 51.4 from 52.6.