USD/JPY Moves Up, Machine Tool Orders Fall in Japan

USD/JPY is trading at 115.82, up 0.55. The pair is trading choppy and a little under the session highs. Market chatter about weekend headline news and Japan's economic data is making the rounds. Japan's Machine Tool Builders Association (JMTBA) reported that year over year machine tool orders fell 5.6 percent in November versus a decline of 8.9 percent decline in October.