The Japanese yen was on the back foot on Monday, ahead of a busy policy-focused week in which inflation will be in the spotlight with a major European Central Bank meeting and U.S. consumer price data scheduled. The dollar climbed to 130.99 yen in early trade, a fresh one-month high, and not far from last month's 20-year peak of 131.34, after gaining 2.95 per cent last week. The euro has also climbed on the Japanese currency and hit 140.38 yen on Monday morning, extending a seven-year high hit last week. Barclays analysts attributed last week's softer yen to a recovery in risk assets, a rise in overseas yields, a ... (full story)