In the early Asian session on Monday, the Japanese yen bounced back from early lows against other major currencies shortly thereafter.

The yen is now trading at 89.20 against the loonie and 88.07 against the greenback, compared to previous lows of 89.59 and 88.39, respectively.

The yen recovered from multi-day lows of 115.55 against the euro, 95.60 against the franc and 142.05 against the pound, multi-year lows of 92.86 against the aussie and 73.55 against the kiwi and is presently trading at 114.99, 95.16, 141.37, 92.31 and 73.11, respectively.

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