Yen Falls From Six-Week High on Stock Rebound, Policy Outlook

The yen retreated from a six-week high against the euro as a rebound in Asian stocks revived demand for higher-yielding assets.

The yen also weakened after Dow Jones said Japanese Prime Minister Naoto Kan and central bank Governor Masaaki Shirakawa may meet next Monday to discuss the currency’s recent gains. South Korea’s won strengthened the most in two weeks on speculation the central bank will allow the currency to rise to contain inflation.