The USD/JPY pair is trading marginally higher, underpinned by Brexit hopes, but the risk is still skewed to the downside, Valeria Bednarik, Chief Analyst at FXStreet, reports. Key quotes “EU and UK representatives are said to have reached an agreement in principle on fisheries and could make an announcement in the next few hours.” “Data wise, Japan published the November Corporate Service Price Index, which came in at -0.6% from -0.5% in the previous month. Japanese markets will be open on Friday, and the country will publish December Tokyo inflation data and Large Retailed Sales for the same month. Later in the day, the country will publish housing-related figures.” “The USD/JPY pair needs to fall below the 103.15 support to gain bearish strength, while the upside will likely remain limited by selling interest aligned around 104.30.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin Price Analysis: LTC vulnerable to massive sell-off if $100 gives way FX Street 1 year The USD/JPY pair is trading marginally higher, underpinned by Brexit hopes, but the risk is still skewed to the downside, Valeria Bednarik, Chief Analyst at FXStreet, reports. Key quotes “EU and UK representatives are said to have reached an agreement in principle on fisheries and could make an announcement in the next few hours.” “Data wise, Japan published the November Corporate Service Price Index, which came in at -0.6% from -0.5% in the previous month. Japanese markets will be open on Friday, and the country will publish December Tokyo inflation data and Large Retailed Sales for the same month. Later… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.