Yen falls as BoJ repeats monetary easing

The Japanese currency dropped on Monday extending its series of losses to three weeks versus the shared currency after the Bank of Japan's Governor Kikuo Iwata confirmed that the central bank is committed to continue its monetary easing. The Yen fell 0.2% to 134.68 per Euro at 6:55 a.m. London time after it declined 0.5% last week, while it slipped 0.2% to 97.62 per U.S. Dollar.