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Japanese Economy Minister Motegi was on the wires last minutes, via Reuters, announcing that he will have ministerial-level talks with the US Trade Representative (USTR) Lighthizer on August 1-2 in Washington D.C.

Ahead of the BOJ meeting and US-China trade talks, markets trade with caution so far this Monday, keeping the upside attempts in the USD/JPY pair capped near 108.70 region.