USD/JPY Sharply Higher Ahead of Data

USD/JPY is trading at 102.79, up 2.29 The pair is trading choppy and at the highs of the day. Market talk about global money flows has kept both buyers and sellers very active. Some chatter about Japanese economic data due out this evening is starting to show up. The Bank of Japan (BOJ) is scheduled to release producer prices (PPI) at 7:50 p.m. ET. In other Forex Markets; GBP/USD is trading at 1.2974, up 0.0036. EUR/USD is trading at 1.1052, up 0.0006. USD/CAD is trading at 1.3113, up 0.0072. AUD/USD is trading at 0.7532, down 0.0030.