USD/JPY: broader tone remains dominant awaiting BoJ board member Masai - Scotiabank

Analysts at Scotiabank offered a snapshot picture of USD/JPY. 

Key Quotes:

"JPY is a relative underperformer."

"The broader tone remains dominant as we highlight Monday’s impressive 0.6% rally from the NA session low. Headline risk is elevated."

"A reminder that BoJ board member Masai is scheduled to speak at 8:30pm."