The Yen hit a 5-week low to the Dollar, while Euro range bound pending crises talks.

A surge in U.S. bond yields this past week, saw the Yen at a five week low to the Dollar earlier today. The Euro remained sluggish to the Dollar although Euro zone optimism has continued to drive the markets.
Earlier today the Dollar had risen as high as 79.66 Yen, its highest level in over five weeks, as a result of last week's rise in U.S. Treasury yields. Selling from Japanese exporters, back from their Obon summer holidays, saw the Dollar then ease to 79.49 Yen.
The 10-year U.S. Treasury yield had risen to 1.86% and this meant that it held a yield advantage over Japanese bonds by 1 percentage point for the first time in three months.
What we are seeing, is that the Dollar/Yen tends to have strong correlation with U.S. yields and I foresee that U.S. yields are likely to rise further in the near term, possibly hitting 2.1% which could see the Dollar rise to 80.00 Yen by month end.
The Euro had touched 98.12 Yen, close to a six week high on Friday of 98.43 Yen.
The Euro remained little changed against the greenback at $1.2333, still within a range held for two weeks between $1.2240 to 2450.