USD/JPY Trading Higher, Japan Manufacturing PMI Edges Up

USD/JPY is trading at 113.37, up 0.59. The pair is trading just under the session highs. Market chatter about global money flows and headline news is making the rounds. Japan's Nikkei Manufacturing PMI (purchasing managers survey) for January rose to 52.7 versus 52.4 in December. Japan's cabinet office is scheduled to report consumer confidence Thursday.