The US Dollar retreated against the Japanese Yen in the European trading session, trading below 143.00 levels.
The USD/JPY traded lower in the European session, as fears of a ballooning US debt are causing investors to move away from the US dollar. In Japan, Q2 Large Manufacturing Index came out with data being higher than expected (13 realised vs 10 expected). In the US, Fed Chair Powell will speak (14.30 GMT+1), ISM Manufacturing PMI data for June (48.8 exp) and JOLTS Job Openings (7.450 mln exp) will be released (15:00 GMT+1).