The Japanese Yen galloped higher in illiquid trading conditions early Monday morning on news of a possible shift in monetary policy objectives for the Bank of Japan (BoJ).
USD/JPY dipped to 135.79 to start the week after closing at 136.60 on Friday. It has since recovered and moved back toward 136.
The Kyodo News agency reported on Saturday that Japanese Prime Minister Fumio Kishida is considering a more flexible approach to the 2% inflation target.
