By Hiroyuki Kachi

The yen strengthened against rivals Tuesday, briefly touching two-month highs against the dollar and the euro in midmorning Asia trade, as the eurozone's political uncertainty prompted investors to pile into Japan's haven currency.

The U.S. dollar slipped to Y111.59 in the morning trade, its lowest level since Nov. 28, before gaining some ground to Y111.95 around 0350 GMT. That compared with Y111.75 late Monday in New York.

The euro was changing hands at Y119.85 midday after weakening to Y119.75 earlier in the morning, its lowest level since Dec. 5.

--Takashi Nakamichi contributed to this article.

Write to Hiroyuki Kachi at Dow Jones Newswires

February 06, 2017 23:40 ET (04:40 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.