Yen at 3-Week Low After BOJ Shift but Eyes Monthly Gain

Yen at 3-Week Low After BOJ Shift but Eyes Monthly Gain
A woman counts Japanese 10,000 yen notes in Tokyo, in this Feb. 28, 2013 picture illustration. Shohei Miyano/Reuters
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SINGAPORE—The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates, but it remained on track for its first monthly gain against the dollar since March.

There is plenty on the agenda in the coming week, with eurozone inflation and GDP data due later on Monday, the Bank of England meeting on Thursday, and U.S. payrolls on Friday, the first of several data points that will shape the Federal Reserve’s September interest rate decision.