The yen fell with Asian stocks poised to rise as risk sentiment improved on expectations that U.S.-China trade friction will ease. The Bank of Japan will buy bonds in maturities including the benchmark.
USD/JPY rose 0.1% to 109.68, gradually moving away from its three month low of 109.02 reached on Monday.
Asian stocks looks set to track a rebound in U.S. equities as Trump said he has an ongoing dialogue with China, reducing concern about deteriorating trade negotiations.
Source : Bloomberg