USD/JPY Trading Higher; Japan's GDP Edges Up

USD/JPY is trading at 113.72, up 0.52. Japan's Cabinet Office reported that gross domestic product (GDP) rose 0.2 percent in the fourth quarter versus 0.4 percent in the third quarter. Japan's annualized gross domestic product (GDP) during the fourth quarter rose 1 percent versus a rise of 1.4 percent in the third quarter. Gross Fixed Capital Formation (CAPEX) in Japan rose 0.9 percent in the fourth quarter versus a fall of 0.3 percent during the third quarter. Japanese private consumption was flat during the fourth quarter versus a rise of 0.3 percent during the third quarter.