Yen Climbs Against Most Majors
August 12 2015 - 4:07AM
RTTF2
Reversing direction, the Japanese yen advanced against most
major counterparts in European morning deals on Wednesday.
The yen climbed to a 2-day high of 94.98 against the loonie, off
early low of 95.62.
The yen reversed from an early more than 2-month low of 125.28
against the greenback and a 6-day low of 195.06 against the pound,
rising to 2-day highs of 124.34 and 193.84, respectively.
The Japanese currency advanced to 126.40 against the Swiss
franc, after falling to 127.14 at 12:15 am ET.
The yen is likely to challenge resistance around 123.5 against
the greenback, 192.00 against the pound, 125.00 versus the franc
and 94.00 against the loonie.
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