The Japanese yen partially recovered on Monday after a significant Friday decline, influenced by ongoing discussions among Bank of Japan policymakers regarding potential interest rate hikes. Intervention warnings have helped cap dollar-yen movements, though broader pessimism about the yen persists. Meanwhile, the euro found support following U.S. President Trump's optimistic remarks on a Ukraine peace deal. The yen strengthened slightly against the dollar, while the dollar index and euro saw minor gains.