USD/JPY little changed

USD/JPY is trading at 123.82 up 0.02. The pair has traded rangebound overnight. Japanese Household spending in April fell 1.3 % for the 13th year over year decline. The March decline was 10.1 %. April's year over year CPI was up 0.6 % versus March's 2.3 % April Employment rose 40,000 year over year versus the 210,000 rise in March year over year. April Industrial Output rose 1 % month over month versus a decline of 0.8 % in March. It was the first rise in 3 months. Japanese Housing starts were up 0.4 % year over year. Market talk about comments various monetary and economic policy makers continues to keep buyers and sellers active. Chatter about U.S. data is making the rounds.