USD/JPY Little Changed, Japan's Industrial Production Slips

USD/JPY is trading at 114.65, down 0.01. Japan's Ministry of Economy Trade and Industry reported that industrial production fell 0.4 percent in January versus a rise of 0.7 percent in December. Year over year industrial production in Japan rose 3.7 percent in January versus a rise of 3.2 percent in December. Capacity utilization in Japan during January rose 0.1 percent versus a rise of 0.6 percent in December.