Ukraine and Russia were preparing for the first face-to-face peace talks in more than two weeks, but a senior U.S. official said Russian President Vladimir Putin did not appear ready to make compromises to end the war.

The Japanese currency fell as much as 2.4% to 125.10 to the dollar overnight, its lowest since August 2015, before recovering to 124.24 in volatile morning trade in Tokyo.The U.S. dollar was broadly steady elsewhere, keeping the euro at $1.0988 and capping a recent rally in the Australian dollar to hold it at $0.7483

Russian President Vladimir Putin does not appear ready to make compromises to end the war, a senior US State Department official told Reuters. And Ukrainian interior ministry adviser Vadym Denysenko said that he doubted "there will be any breakthrough on the main issues".

On Monday, the Academy of Motion Picture Arts and Sciences, which gives out the Oscars and has 9,900 members from actors and directors to costume designers and cinematographers, condemned the attack and said it is conducting a formal review, and "will explore further action."These actions could include revoking Smith's Oscar or expelling him from the academy, according to the group's standards of conduct.