USD/JPY Higher

USD/JPY is trading at 122.94 up 1.29. The pair is trading rangebound near the highs of the session during U.S. forex trading on Tuesday. Chatter about the Bank of Japan Minutes due out Tuesday evening is making the rounds. Early Wednesday morning Japan's Small business confidence index is due out. Chatter about Japan's CPI data and Industrial production figures due out later in the week is just beginning.