Session Recap: Yen weakens across the board

FXstreet.com (Córdoba) - FX market enjoys a quiet start of the week after the wild post-NFP moves seen. Monday's trade has been much more subdued with yen weakness as the main feature as Nikkei staged a strong recovery.
USD/JPY rose to near 99.00 after bottoming at 94.94 on Friday, while EUR/JPY extended its recovery to the 130.75 area.

Elsewhere the major currencies were treading water. EUR/USD hovers around 1.3200 while GBP/USD consolidates above 1.5500. The Aussie is among the worst performers, having fallen to a low of 0.9385 in the wake of weak trade data out of China over the weekend.

Main Headlines in Europe:

Switzerland: Unemployment Rate rose to 3.2% in May

Switzerland: Real Retail Sales grow more than expected in April

EMU: Sentix Investor Confidence improves less than expected in June

Hollande suggests European debt crisis is over

Commodities Brief – Precious metals trade near intraday lows, gold eyes 1366 downside target

European equities start off week in positive territory