The yen had the biggest monthly loss since January versus the dollar on speculation that the fastest Japanese inflation in 15 years will lead Prime Minister Shinzo Abe to press on with unprecedented stimulus measures.
Treasuries had their first monthly loss since August on speculation that November jobs gains may signal faster economic growth and convince the Federal Reserve to vote next month to scale back bond-buying.
The euro gained for a third straight month versus the yen after the currency region’s consumer-price index rose more this month than forecast, fueling bets the European Central Bank will refrain from further stimulus.
Canada’s dollar touched the weakest level in more than two years against its U.S. peer as the central bank prepared to meet Dec. 4 amid bets it will be slower to reduce monetary stimulus than the Federal Reserve.
Treasury 10-year note yields traded at almost a two-month high on speculation a U.S. jobs report next week will be strong enough to lead the Federal Reserve to vote to trim bond purchases as soon as December.
Treasury 10-year note yields traded at almost the highest level in two months after a report showed U.S. jobless claims fell more than forecast last week, damping demand for the perceived safety of U.S. debt.
Canada’s dollar declined after the Bank of Canada left its benchmark overnight rate unchanged at 1 percent after three previous increases amid slowing economic growth and as other central banks, including the U.S. Federal Reserve, consider further action to stimulate their economies.