USD/JPY Moves Up, Japan's Household Spending Slips

USD/JPY is trading at 112.71, up 1.04. The pair is trading at session highs. Market talk about global headline news and Japan's economic is making the rounds. Japan's Ministry of Internal Affairs and Communications reported that year over year household spending in Japan fell 0.4 percent during October versus a 2.1 percent decline in September. On the month household spending slipped 1 percent versus a 2.8 percent rise in October.