Mizuho Securities said that if the Bank of Japan waits for the Trump administration to announce fiscal policy, then the yen will remain weak around 155 per dollar.
Mizuho's chief Japanese trading strategist Shoki Omori said that after Bank of Japan Governor Ueda Kazuo's speech, the yen's rise against major currencies was not based on fundamentals; it was more likely due to geopolitics and risk aversion related to Eastern Europe.
The Japanese data probably won't be too important for the yen.
Over the past few weeks, the market has often seen the yen fall after entering the US trading session, so unless there is a sharp safe-haven trend in the US market at night, the yen is unlikely to rise rapidly above the US dollar against 153 yen.
USD/JPY fell 0.4% to 154.79.