The USD/JPY gained 0.27% on Wednesday. Following a 1.14% rally on Tuesday, the USD/JPY ended the session at 151.249. The USD/JPY fell to a low of 150.716 before rising to a Wednesday session high of 151.818. Trade Terms and the Services Sector On Thursday, trade data from Japan drew investor interest early in the Asian session. The trade deficit narrowed from ¥1,758.3 billion to ¥379.4 billion in February. According to the Ministry of Finance, Exports increased by 7.8% year-on-year, while imports rose by 0.5%. Japanese exports to the US increased by 18.4% year-on-year, with exports to Western Europe rising 15.7%. ... (full story)