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Japan's currency surged as much as 5 yen against the dollar on Monday, with traders citing heavy yen-buying intervention by Japanese banks for the first time in 18 months after the currency hit fresh 34-year lows earlier in the day. The dramatic move begins what could be a busy week for currency traders with a Federal Reserve meeting concluding on Wednesday, U.S. payrolls data on Friday, and European inflation data throughout the week, beginning with German and Spain on Monday. The dollar fell as far as 154.4 yen in several sudden moves in Asia trade and again in the European morning that knocked it from an intraday high of 160.245, its highest since 1990.