USD/JPY drops under 140.00, lowest since the middle of June

<p>USD/JPY is continuing its fall, extedning under 140.00 in Asia morning trade. </p><p>Apart from what has already been posted, the most notable news being Japanese wholesale inflation has slowed for the six month in a row:</p><ul><li><a href="https://www.forexlive.com/news/japan-ppi-june-02-mm-expected-02-20230711/" target="_self" rel="follow">Japan PPI (June)-0.2% m/m (expected +0.2%)</a></li></ul><p>And this also:</p><ul><li><a href="https://asia.nikkei.com/Economy/Bank-of-Japan/Yen-rises-on-speculation-of-BOJ-policy-shift" target="_blank" rel="nofollow noopener noreferrer">Yen rises on speculation of BOJ policy shift</a></li></ul><p>Note, the Nikkei may be gated.</p><p>There is nothing else fresh. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.