Pénalisé par l' idée que le prochain dirigeant de la Banque du Japon (BoJ) could pursue a policy ultra-soft currency , the yen fell against the dollar. It could pursue an ultra-loose monetary policy. For its part, the dollar benefited from its status as a safe haven.

After falling to a low since mid-January at 132.56 yen per dollar and since mid-December to 142.99 yen per euro, the Japanese currency fell 0.53% to 131.88 yen per dollar and 0.31% to 142.06 yen per euro. While other central banks raised them around the world, the Bank of Japan kept its rates ultra-low.

For its part, the dollar continued its momentum on Friday and also rose against the euro (+0.22% to 1,0772 dollars per euro). Investors expected the U.S. labor market to cool off. This caused the Fed to stop raising rates. For Jim Reid, an analyst at Deutsche Bank, “Fed Chairman Jerome Powell's speech on Tuesday could be the event of the week.”