USD/JPY Extends gains

USD/JPY is trading at 124.05, up 0.64. The pair has extended the early morning gains and is trading choppy near the highs of the session on Tuesday. Wednesday morning Japan's small business confidence data is due out. Market talk about U.S data due out the rest of the week is just beginning. Market chatter about comments from U.S. federal Reserve members regarding the U.S. economy has kept both buyers and sellers active.