The yen languished near a three-week low on expectations the Bank of Japan could start lending to banks at negative rates, while sterling hit a five-week high on hopes for rise in support for Britain staying in Europe. The yen fell to as low as 111.90 in early trade, its lowest level in more than three weeks, before paring losses to trade at 111.47, up 0.3 per cent from late US levels on Friday. Price moves are likely to have been exaggerated as a holiday in Australia compounded a lack of liquidity in early Monday before Asian trade. On Friday, the yen fell 2.1 per cent - its biggest fall since the day BOJ Governor ... (full story)