The USD/JPY pair weakened farther below the 108.00 round-figure mark and dropped to over one-week lows in the last hour.
The pair extended last week's retracement slide from the 109.40 region and witnessed some follow-through selling for the third consecutive session on Monday – also marking its fourth day of a negative move in the previous five.
The US dollar remained depressed in the wake of the Fed's announcement last week to provide up to $2.3 trillion of additional loans to support the economy and Friday's softer-than-expected US consumer inflation figures.


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