The Japanese Yen (JPY) rallied broadly in Asia, as heavy selling on Yen crosses, headlined by the AUDJPY and the NZDJPY. The AUDJPY cross bounced off Friday lows near 77.50 to trade back above 78 in Asia as sentiment may have been boosted in light of G8 comments. USDJPY traded in similar fashion, bouncing off levels near 79.00 on Friday, falling from 79.45 seen earlier.
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