BOJ cuts assessment for 2 of Japan's 9 regions in quarterly report

In its quarterly Sakura report, the Bank of Japan (BOJ) cuts its assessment for 2 of Japan's 9 regions. While 7 out of 9 Japanese regions kept economic view unchanged from April.

The Sakura report assesses the strength of domestic regional economies. 

Meanwhile, USD/JPY continues to struggle below 101 handle as upside lacks momentum amid poor risk environment.