The Japanese Yen is retreating during Friday’s Asian session, reversing gains made the previous day against the US Dollar. This shift is attributed to a slight improvement in global risk sentiment, driven by positive comments from U.S. officials. With indications of a potential resolution regarding government operations, investor confidence has begun to rebound. USD/JPY bulls are now targeting higher levels beyond the 148.00 mark. Observers should stay alert for developments that could influence trade dynamics between these currencies, especially in light of shifting risk factors.