Dollar tilted lower in Asian trade off January 28 highs away from January 10 highs, following a spate of data from Japan and ahead of US data later today.
As of 06:05 GMT, USD/JPY fell 0.08% to 115.43, with an intraday low at 115.32.
From Japan, the monetary M2 index showed a growth of 3.6% as expected, slowing down from 3.7% in December, while machine tools orders rose 61.5% in January.
From the US, wholesale inventories rose 2.1% in December, accelerating a 1.4% growth rate in November.
Federal Reserve Bank of Cleveland President Loretta Mester is due to speak about the economic outlook and monetary policy at an online event hosted by the European Economics and Financial Centre.