The USD/JPY pair is currently wavering around 61.8 percent after having reaching 108.68 on Tuesday. Initially there were reports from the officials in Mexico that the U.S-Mexico-Canada Agreement has been struck.
But, with news on U.S-China trade deal not being very positive, the pair is witnessing some tough time and finding it difficult to build a bullish momentum. But, it is expected that if equities go up on China's Producer Price Index, then the pair may witness some strong bidding.