Yen Declines Further Against U.S. And Australian Dollars
09:20, 3rd August 2012
(RTTNews) - The Japanese yen proceeded with its recent slide against the U.S. and Australian dollars in the New York morning session on Friday after the release of better-than-expected US nonfarm payrolls in July.
The yen hit a 2-week low of 78.79 against the greenback and a new 3-month low of 82.96 against the aussie, compared to early Asian session's 2-day high of 78.08 and 81.61, respectively. The next downside target level for the yen is seen at 79.00 against the greenback and 83.5 against the aussie.
Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved