In other news, as the US Senate vote on shutdown looms, the two parties remain in a standoff that prevents a full re-open of the federal government. The officials will vote on two bills – the Trump’s demands for border walls and a Democratic initiative that opposes additional funding for building a wall. Ad there are no signs of a progress towards a consensus, the vote could bring the dollar back under pressure at the end of the trading week.
In this context, the USDJPY pair may resume the downside move as in a negative scenario, the risk aversion will resume across the financial markets, which will give the additional lift to the safe-haven Japanese yen. As such, the pair that touched a high of 110.00 on Wednesday could challenge the 109.00 support. Once below this , the dollar will target 108.60.