USD/JPY tilted higher in Asian trade to December 27 highs following earlier Japanese data, and ahead of US inflation data today.
As of 05:57 GMT, USD/JPY rose 0.04% to 111.05, with an intraday low at 110.87, and a seven-week high at 111.13.
Earlier Japanese data showed the GDP rose 0.3% q/q, and 1.4% y/y.
Now investors await US retail sales data, with GDP growth expected down to 0.1% from 0.2%, while retail sales are expected at zero.
Producer prices are expected up 0.1% m/m, and 2.1% y/y.
Core prices are estimated up 0.2%, compared to a 0.1% dip in December, while unemployment claims are expected down 9 thousand to 225 thousand.