Asian FX drifts lower as yen hovers near multi-decade lows; dollar retraces some losses
Most Asian currencies eased on Monday, with the Japanese yen remaining close to its weakest levels in around 40 years and keeping intervention risk front and center. The dollar recovered modestly after retreating from 13-month highs last week, when softer U.S. payroll data prompted questions about how far the Federal Reserve can raise interest rate…