The dollar on Monday reached lows not seen since late October vs. the Japanese yen as markets continued to react to data showing slower-than-forecast December jobs growth. The dollar recently was down to 114.18 yen from 114.39 yen late Friday, and fell as low as 113.75 yen. However, liquidity was low with Japanese markets closed for a holiday. The yen gains also came as gold rallied to a 25-year high in Asian trading at $544.30 an ounce. Spot gold has backed off slightly since then. The euro, however, gave back some recent gains vs. the dollar, recently at $1.2083 from $1.2151 late Friday. Christopher Probyn, chief economist for State Street Global Advisers, said the figures were disappointing, but didn't signal a significant slowing of the U.S. economy. "The Fed may be expecting economic growth to slow, but there was scant evidence of anything more than a temporary (fourth-quarter) slowdown in this week's data," he said. The data schedule was light for Monday, with figures on U.S. retail sales, PPI, and trade balance due out later this week. The Bank of England and the European Central Bank each make interest-rate decisions Thursday, with expectations that rates will remain on hold both in the United Kingdom and on the Continent.