The yen declined on speculation the Bank of Japan (8301) will add to stimulus measures this week to support growth and weaken the nation’s foreign-exchange rates.

Japan’s currency slid as speculation European officials may step up efforts to tackle the debt crisis damped demand for haven assets.

The euro fell before German and French officials meet today to discuss ways to contain Europe’s financial turmoil.

Australia’s dollar snapped a six-day drop against the greenback and an index of implied volatility fell.

EUR/USD: the pair returned to area of session low $1,2750.
 

GBP/USD: the most part of the European session the pair was limited $1,5790-$ 1,5840.

USD/JPY: the pair receded in Y79.20 area after showed session high at Y79.45.