The dollar index was steady at 80.82 having gained 0.7 percent so far this month, tracking rising U.S. yields. According to Thomson Reuters data, the yield spread between two-year U.S. Treasuries and two-year German government bonds has risen to more than 37 basis points this week, its highest in seven years.
A strong U.S. jobs report on Friday, and hawkish comments from St. Louis Federal Reserve Bank President James Bullard on Monday have given a lift to U.S. yields this week and helped buoy the greenback against the euro. The euro fell 0.2 percent versus the yen to 138.5 yen , while the dollar was flat at 102.30 yen.
A focal point for the yen is the Bank of Japan's two-day policy meeting on June 12-13. It is likely to keep monetary policy steady at its decision due on Friday and may slightly revise up its assessment on overseas growth.
--By Reuters. For more information on currency prices, please click here.