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Yen Rises Against Most Majors

03:16, 29th May 2015

(RTTNews) - The Japanese yen strengthened against most major currencies in the early European session on Friday.

The yen rose to 135.42 against the euro, from an early near 2-week low of 135.90.

Against the pound and the Swiss franc, the yen edged up to 189.48 and 130.75 from early lows of 189.99 and 131.45, respectively.

If the yen extends its uptrend, it is likely to find resistance around 132.50 against the euro, 185.00 against the pound and 127.50 against the franc.

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