The yen gained against most of its major counterparts on haven demand as the currencies of oil-producing nations plunged with crude.

A gauge of the dollar was at almost the highest level in a decade before economic data this week that may shed light on the pace of U.S. growth as the Federal Reserve considers the timing of its first interest-rate increase since 2006. Brazil™s real fell as economists cut growth forecasts. Norway™s krone, the Russian ruble and the dollar of Canada slid as oil dropped to an almost six-year low. U.S. Treasuries rose and stocks fell.

The yen rose 0.2 percent to 118.29 per dollar at 3:33 p.m. New York time after jumping 1 percent on Jan. 9. It strengthened 0.2 percent to 140.05 per euro for a third day of gains. The 19-nation shared currency was little changed at $1.1839 after descending 1.3 percent last week and touching $1.1754 on Jan. 8, the lowest since December 2005.

The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 major peers, gained 0.1 percent to 1,142.60. It closed at 1,147.54 on Jan. 8, the highest in data going back to 2004.

Source: Bloomberg