Dollar, euro surge against yen in Asian trading

TOKYO, Sept 2 (AFP):  The dollar and euro rallied against the yen in Asia on Tuesday as Japanese central bank policymakers prepared to meet, under pressure to launch more economic stimulus as the economy falters.
In afternoon Tokyo trade the dollar jumped to 104.82 yen, its highest level since January, and up from 104.27 yen in Europe. The euro surged to 137.55 yen against 136.94 yen.
US markets were closed Monday for the Labor Day holiday.
The greenback also added to recent gains against the euro as the European Central bank heads into a policy meeting this week. The single currency was at $1.3122 in Tokyo, down from $1.3133 in Europe.
Japan and the eurozone have both recorded poor economic data recently, boosting expectations of further monetary easing which would tend to weaken their respective currencies.
At the same time the US Federal Reserve is being urged in some quarters to raise interest rates -- which would lift the dollar -- as the economy shows regular signs of getting back on track.
Eyes are on the release Friday of US jobs data expected to show further improvement.