The Japanese yen slipped against its key counterparts in the early Asian session on Tuesday.

The yen is now trading at 78.95 against the greenback, 77.96 against the loonie, 63.19 against the NZ dollar and 97.22 against the euro.

Against the franc, pound and the aussie, the yen is trading at 5-day lows of 80.99, 123.83 and 81.32, respectively.

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