USD/JPY Little Lower, wages up slightly.

USD/JPY is trading at 116.70, down 0.10. The pair is trading a little above the lows of session after showing some gains early in the session. Market chatter about, money flows, global headline news and central bank monetary policy is making the rounds. The Ministry of Health, Labour and Welfare reported that wages in Japan increased 0.1 percent in January versus January of 2015. The Bank of Japan reported that bank lending rose 2.3 percent year over year in January versus 2.2 percent growth in December. The Ministry of Finance reported that Japan recorded a current account surplus of 960.7 billion yen in December versus a 1143.5 billion yen surplus in November. The Cabinet Office's Economy Watcher Current Conditions survey for January fell to 46.6 versus 48.7 in December. The Outlook survey rose to 49.5 from 48.2.