USD/JPY Moves Down, Japan Services PMI Slips

USD/JPY is trading at 103.22, down 0.77 The pair is trading very choppy and at the session lows. Market chatter about comments from global policy makers, money flows and headline news is making the rounds. Japan's Nikkei Services PMI (purchasing managers survey) for August slipped to 49.6 from 50.4. Japan's Ministry of Health, Labour and Welfare reported that wages rose 1.4 percent year over year in July, the same as June.