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Japanese Yen remains on the back foot ahead of the crucial BoJ policy meeting

The Japanese Yen (JPY) drifts lower for the second straight day on Monday, pushing the USD/JPY pair to the 144.75 area during the Asian session, albeit lacking follow-through.
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NZD/USD remains above 0.6000, moves little after China’s economic data release

NZD/USD holds gains following the release of mixed economic data from China, trading around 0.6020 during the Asian hours on Monday. The National Bureau of Statistics (NBS) reported that China’s Retail Sales rose 6.4% year-over-year in May, surpassing the 5.0% expected and April’s 5.1% increase.
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