Yesterday, the U.S. dollar-Japanese yen rate hit a high of 151.80 a little time after 2 p.m., then fell back to mark a low of 151.46 after 11 p.m.

The JOLTS Job Openings for February that were reported yesterday came in slightly above expectations at 8.756 million, compared to a forecast of 8.740 million.

During Tokyo trading hours today, the yen oscillated in a narrow range approximately between 151.40 and nearly 151.60, with no clear indication of direction.

The 60-minute chart of the yen (as of 13:25 on April 3) shows that, since the price broke through the 151.50 yen that had marked the upper end of its range, that point has been functioning as a support level that prevents the price from falling further.

(20-period Bollinger Band, showing +1 SD, +2 SD)

Today's main economic indicators are as follows.

• 21:15 U.S. March ADP employment change (MoM)
• 22:45 U.S. March Services Purchasing Managers Index (PMI, revised)
• 22:45 U.S. March Composite Purchasing Managers Index (PMI, revised)
• 23:00 U.S. March ISM Services PMI
• 25:10 U.S. Statements from FRB Chairman Jerome Powell

ADP figures will be announced at 9:15 p.m. as a foretaste of payroll figures on Friday.