Market sentiment continues to improve, sending the Dollar higher against the safe haven Yen. Thin schedule for Thursday sees risk appetite driving the pair solo. The USD/JPY has continued to recover in Thursday’s Asia trading, lifting into 110.50 as market sentiment continues to favor the Greenback and risk flows from the early week begin to reverse. US Treasury yields recovered on Wednesday, stabilizing the US Dollar and pushing the pair higher into Thursday. Little of note is on the economic calendar for Japan for Thursday, though National CPI figures will be dropping late at 23:30 GMT. The headline figure is expected to contract from 0.6% to 0.3%, though Tokyo CPI releases several weeks earlier, so traders are prepared for the reading. On the US side will be Jobless Claims dropping at 12:30 GMT, with initial claims expected to tick up slightly from 218 thousand to 220 thousand. USD/JPY levels to watch As noted by FXStreet’s Valeria Bednarik, “according to the 4 hours chart, the upside potential is limited, as technical indicators hold below their mid-lines with modest upward slopes, indicating no buying interest. The pair is resting above directionless 100 and 200 moving averages, which converge around 109.85, providing a short-term support.” Support levels: 110.15 109.85 109.55 Resistance levels: 110.45 110.90 111.34 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 Ethereum price analysis: ETH/USD gains 4% on daily basis, but the recovery may bump into 100-DMA FX Street 5 years Market sentiment continues to improve, sending the Dollar higher against the safe haven Yen. Thin schedule for Thursday sees risk appetite driving the pair solo. The USD/JPY has continued to recover in Thursday's Asia trading, lifting into 110.50 as market sentiment continues to favor the Greenback and risk flows from the early week begin to reverse. US Treasury yields recovered on Wednesday, stabilizing the US Dollar and pushing the pair higher into Thursday. Little of note is on the economic calendar for Japan for Thursday, though National CPI figures will be dropping late at 23:30 GMT. The headline figure is… 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.