The dollar climbed to its highest level in more than a year against the Japanese yen on Monday, near the key psychological level of 152, before falling sharply in a flurry of trading in $3.45 billion of options that come due this week.
The dollar later traded little changed on expectations a soft reading of the U.S. consumer price index (CPI) on Tuesday will keep Treasury yields trending lower as the market perceives the Federal Reserve is done hiking interest rates.
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