The USD/JPY pair dropped last week reaching its post-war level, as the weak dollar and the uncertainty regarding the financial market kept the yen high against the greenback, despite its decline against other major currencies.
The Japanese yen retreated against European currencies but it held the gains against the dollar, since greenback dropped against other major currencies with the return of confidence to the financial market after the EU announcement.
On Monday at 05:00 GMT, Japan will release the Construction Orders for September where the previous reading was 9.3%.
The annual Housing Starts for September will be also released at 05:00 GMT, which is expected to drop to 0.906 million from the prior reading of 0.934 million.
At 13:45 GMT, the U.S. economy will release the Chicago Purchasing Manager for October which is expected to ease to 59.0 from 60.4.
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