USD/JPY Lower

USD/JPY is trading lower Thursday. USD/JPY is trading at 118.68, down 0.82. Trading is weak. Some buyers are seen near 118.17. Market talk about U.S. data due Thursday morning and comments by BOJ officials overnight is making the rounds. Chatter that lower Japanese stocks overnight has led to some selling has been heard. Chatter that Japan data on Thursday evening at 7:30 PM ET is also on the table. Japan household spending and National CPI data are due along with retail trade and large retail sales.