USD/JPY Trading Lower, Japanese Loan Growth Rises

USD/JPY is trading at 113.75 down 0.18. The pair is trading a little above the session lows. The Bank of Japan (BOJ) reported that loans rose 2.8 percent year over year during February versus a 2.5 percent rise in January. Japan's Cabinet Office reported that Japan's January leading Economic Index edged up to 105.5 from 104.9 in December and the January Coincident Index edged down to 114.9 from 115.6 in December.