USD/JPY Lower, Japan Eco-Watchers Survey Improves

USD/JPY is trading at 113.47, down 0.27. Japan's Cabinet Office Eco-watchers current survey rose to 52.5 in November from 49.3 in October and the outlook survey rose to 53.0 rose to 51.4. The Bank of Japan (BOJ) reported that bank loans rose 2.4 percent year-on-year in November following a 2.4 percent rise in October.