The Japanese yen eased against the US dollar on Tuesday, further eroding last week's safe-haven gains, underpinned by a risk-on mood and a weaker euro ahead of key central bank meetings this week that will influence the global rates outlook.
The yen was 0.16% weaker at 157.73 per dollar, inching further away from the one-month high it touched last week ahead of the Bank of Japan policy decision later this week. The yen had lost ground on Monday too.
