Yen Falls Against Most Majors

00:03, 27th October 2016

(RTTNews) - The Japanese yen weakened against most major currencies in the Asian session on Thursday.

The yen fell to a 1-week low of 114.23 against the euro and a 9-day low of 105.39 against the Swiss franc, from early highs of 113.70 and 104.93, respectively.

Against the U.S. dollar, the yen edged down to 104.68 from an early high of 104.30. This may be compared to an early 2-day low of 104.69.

If the yen extends its downtrend, it is likely to find support around 115.00 against the euro, 106.00 against the franc and 106.00 against the greenback.