USD/JPY lower

USD/JPY is trading at 122.50, down 0.16. Market chatter about economic data from Japan due out this week is beginning to make the rounds. Tuesday night Japan trade balance and Bank lending data is due out. Japan's Eco-Watch surveys are scheduled to be released by the Cabinet office Early Wednesday morning. Market talk about the Greek vote, EU meetings and comments by Japanese officials has kept trading active and mostly rangebound during the U.S. forex trading session on Monday.