United Kingdom Rightmove House Price Index (MoM) improves to 2.1% in Apr from 1.7%

The USD/JPY rally finally ran out of steam on Friday, closing the New York session down 143 pips at 98.35. On a weekly basis, the pair still managed to finish slightly higher (+0.54%), although well off the highs established earlier in the week at 99.94. Market participants should be aware that later in the session (1:30 GMT), Bank of Japan Governor Kuroda will again be speaking about monetary policy in Tokyo. The pair is currently trading 21 pips higher at 98.48.