USD/JPY Trading Higher, Japan's Leading Index Improves

USD/JPY is trading at 112.29, up 0.46. Japan's Cabinet Office reported that Japan's December leading economic index rose to 105.2 from 102.6 in November. Japan's coincident index edged up to 115.2 from 115.1 in November. The Bank of Japan (BOJ) is scheduled to release bank lending data at 6:50 p.m. ET.