USD/JPY Little Higher, Japan Manufacturing PMI Improves.

USD/JPY is trading at 113.27, up 0.49. The pair is trading choppy and just under the session highs after showing losses overnight. Japan's Nikkei Manufacturing PMI for January rose to 52.8 from 52.4 in December. Japan's Ministry of Finance (MOF) is scheduled to release Japan's balance of trade data at 6:50 p.m. ET.