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Yen Drops Against Some Majors

01:57, 25th August 2016

(RTTNews) - The Japanese yen resumed its early decline against the euro, Swiss franc and the Canadian dollar in European deals on Thursday.

The yen reversed from early highs of 103.78 against the Swiss franc and 113.10 against the euro, edging down to 104.14 and 113.42, respectively.

The yen slid to a 2-day low of 77.85 against the loonie, from a high of 77.65 hit at 5:00 pm ET.

The yen is likely to find support around around 108.00 against the franc, 115.00 against the euro and 80.00 against the loonie.

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