The US Dollar rose against the Japanese Yen in the European trading session, trading above 156.2 levels.
USD/JPY has been steadily rising for the last couple of days despite better than expected Core Machinery and Industrial production data from Japan, which have slightly increased the odds of a rate rise. In Japan, Industrial Production data for November was published with better than expected results (-2.2% realised vs -2.3%). In the US, there are no data releases today due to the fact that it's a public holiday.