USD/JPY Trading Higher, Exports Fall

USD/JPY is trading at 100.35, up 0.46 The pair is trading a little under the highs of the day. Market chatter about global money flows and headline news is making the rounds. Japan's Ministry of Finance reported a 513.5 billion JPY surplus in July versus a 261.39 billion JPY deficit a year ago. Year over year Exports fell by 14.0 percent and Imports dropped by 24.7 percent.