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Yen At Mutli-day Lows Against Canadian, U.S. Dollars

07:06, 24th July 2014

(RTTNews) - Reversing direction, the Japanese yen declined against the Canadian and U.S. dollars in European deals on Thursday.

The yen slipped to a weekly low of 101.62 against the greenback and an 8-day low of 94.76 against the loonie, off early highs of 101.41 and 94.43, respectively. The next possible downside target for the yen is seen around 102.5 against the greenback and 95.5 against the loonie.

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