USD/JPY little lower

USD/JPY is trading at 123.99, down 0.21. The pair is trading mildly choppy and just above the session lows. Market talk about comments regarding U.S. monetary policy and global financial headlines is making the rounds. Chatter about Monday night's releases of the Tankan Index for July and the BOJ Monetary Policy Meeting Minutes from the June Meeting is just beginning. On Wednesday evening the Ministry of Finance is scheduled to release June trade statistics.