USD/JPY tilted higher in Asian trade to near mid-2020 highs, following earlier data from Japan and ahead of US data later today.
As of 07:03 GMT, USD/JPY rose 0.08% to 108.38, with an intraday high at 108.49, and a low at 108.27.
From Japan, current account surplus fell to 1.5 trillion yen from 2.08 trillion, while bank lending rose 6.2% last month.
Japan's leading index rose to 99.1 from 95.3, while the current conditions index improved to 41.3 from 31.2.
From the US, wholesale inventories are expected up 1.3% in January, while the Senate passed President Joe Biden's stimulus package valued at $1.9 trillion for the economy last weekend.