Yen fell against most major rivals on Monday as dollar strengthened and after mixed data.
Earlier government data showed Japan’s industrial production rose 2% in June, below estimates of 2.5%.
Japan’s retail sales rose 5.9% last month, above estimates of 5.4%.
On trading, USD/JPY rose 0.8% as of 20:05 GMT to 142.2.
Aussie
Australian dollar rose 1.1% as of 20:06 GMT against its US counterpart to 0.6720.
The Dollar
The dollar index rose 0.2% as of 101.8 as of 19:39 GMT, with a session-high at 101.8, and a low at 101.5.
Recent US inflation data reinforced expectations the Federal Reserve will end the current cycle of policy tightening soon, in turn boosting safe havens.
Hopes for reducing inflation without causing recession in the US seem to be on the rise, following recent strong labor data and corporate quarterly earnings.
Corporate results for the second quarter of the year continue to come out, with Apple and Amazon reporting results this week.
According to the Fedwatch tool, there’s a 60% chance the Federal Reserve will hold interest rates unchanged this year.