USD/JPY tilted lower in Asian trade off June 9 highs following earlier Japanese inflation data and ahead of US data, amid concerns over surging Covid 19 cases.
As of 05:56 GMT, USD/JPY fell 0.29% to 106.90, with the lowest since June 26 at 106.89.
Earlier Japanese data showed producer prices up 0.6% in June m/m, while falling 1.6% y/y.
From the US, producer prices are expected up 0.4% in June, while core prices are estimated up 0.1% m/m.
The World Health Organization warned the rate of Covid 19 spread has increased recently, warning the peak hasn't been reached yet.
The WHO experts said the current gap between high new infections and slower death could be bridged in a few weeks, with the total death toll standing currently at 545,000.