Yen Drops Against Most Majors
08:15, 17th April 2014
(RTTNews) - The Japanese yen drifted lower against most major counterparts in European deals on Thursday.
The yen pulled away from early highs of 140.99 against the euro and 115.75 against the franc, reaching as low as 141.63 and 116.36, respectively.
The yen eased back to 102.21 against the greenback from an early high of 101.87. The yen was trading around 92.84 against the loonie, down from an early 2-day high of 92.59.
If the yen extends slide, it may face downside target around 103.00 against the greenback, 142.5 against the euro, 93.5 against the loonie and 117.00 against the franc.
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