USD/JPY Little Changed, Japan Industrial Production Improves

USD/JPY is trading at 104.01, down 0.11. The pair is trading just above the session lows. Trading is rangebound. Japan's Ministry of Economy Trade and Industry reported industrial production in Japan rose 1.3 percent in August versus a 0.4 percent decline in July. Year over year industrial output rose 4.5 percent versus a 4.2 percent fall in July. Capacity utilization rose 2.6 percent.