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USD/JPY declines for first session in five
USD/JPY tilted lower in Asian trade off July 23 highs for another session, following Japanese inflation data and ahead of US data today.
As of 05:50 GMT, USD/JPY shed 0.22% to 106.68, with an intraday low at 106.60.
Earlier Japanese data showed producer prices rose 0.6% in July, same as June, and besting estimates of 0.3%.
From the US, unemployment claims for the week ending August 8 are expected down 66 thousand to 1.12 million, while continuing claims for the week ending August 1 are estimated down 209 thousand to 15.898 million.
US import prices are expected up 0.6% in July, compared to a 1.4% increase in June, while the yearly version is expected to show a 1.7% decline.
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