Cabinet office is set to release preliminary Japan leading economic indicators data for March at 1:00 am ET Wednesday. The leading index is expected to show a score of 105.5, up from 104.8 in February.

Ahead of the data, the yen fell against its major rivals.

As of 12:55 am ET, the yen was trading at 123.93 against the euro, 147.34 against the pound, 113.04 against the Swiss franc and 113.79 against the U.S. dollar.

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