Asian shares slipped on Monday after an unusual bailout proposal for Cyprus rattled investor nerves, while Friday’s halt to Wall Street’s long winning streak further dampened sentiment.
The yen rose broadly early in Asia, briefly touching 93.45 yen against the dollar, strengthening sharply from around 96.11 yen in late New York on Friday. The euro sank to a low of 121.585 yen from around 124.93 yen late on Friday.
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