USD/JPY Edges Down, Machine Tool Orders Rise in Japan

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USD/JPY is trading at 114.57, up 0.17.The pair is trading choppy and just above the session lows, chatter about global money flows and headline news is making the rounds. Japan's Machine Tool Builders Association (JMTBA) reported that year over year machine tool orders rose 9.1 percent in February versus a rise of 3.5 percent in January. Japan's Ministry of Finance Business Survey Index (BSI) is due out at 6:50 p.m. ET.

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