The U.S. dollar was trading at 117.28 yen at 2:50 p.m. (0550 GMT) Monday, up from 116.74 yen late Friday in New York. The euro fell to US$1.3302 from US$1.3310.
The greenback's rebound against the yen helped Japan's benchmark Nikkei 225 stock index to finish Monday above 17,000 for the first time in four sessions.
The recovery in stock prices in turn lifted the dollar further, which climbed as high as 117.45 yen early in the Asian session on buying spurred by Japanese fund players betting on an improvement in global stock prices.
Traders expect the greenback to fluctuate widely over the week amid key economic events, beginning with monetary policy meetings both in the U.S. and Japan. Players will also be closely watching U.S. housing-related indicators due out this week, reports AP.
The dollar was mixed against other Asian currencies, rising to 44.090 Indian rupees from 43.965 and to 48.805 Philippine pesos from 48.585. It fell to 3.5040 Malaysian ringgit from 3.5085.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year