USD/JPY Moves Down, Consumer Confidence Slips

USD/JPY is trading at 101.74, down 0.60 The pair is trading just above the session lows. Market chatter about money flows, headline news and fiscal stimulus by the Japanese government is making the rounds. Japan's Cabinet Office reported that consumer confidence slipped to 41.3 in July from 41.8 in June. The Bank of Japan is scheduled to publish the minutes of its June policy meeting at 7:50 p.m.