We've had some data from Japan today already, with more to come:
- Japan - PPI (services) for October: +0.5% y/y (expected +0.3%)
- Japan October CPI 0.1% y/y (expected is 0.0%, prior was -0.5%)
USD/JPY is on the move now, cracking up through overnight highs, currently above 113.60 and to its highest since March of this year.
Markets are relatively quiet with the US Thanksgiving holiday that'll stretch into a long weekend for many traders. While the trend for USD/JOY has been strongly up, be wary of choppy thin-liquidity conditions today.
