Yen Drops Against Majors
September 22 2016 - 8:04PM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Friday.
The yen fell to 2-day lows of 132.28 against the pound and
104.39 against the Swiss franc, from yesterday's closing quotes of
131.71 and 103.98, respectively.
Against the U.S. and the Australian dollars, the yen dropped to
2-day lows of 101.24 and 77.34 from yesterday's closing quotes of
100.74 and 76.97, respectively.
Against the euro and the Canadian dollar, the yen edged down to
113.43 and 77.49 from yesterday's closing quotes of 112.91 and
77.24, respectively.
If the yen extends its downtrend, it is likely to find support
around 140.00 against the pound, 106.00 against the franc, 105.00
against the greenback, 79.00 against the aussie, 116.00 against the
euro and 80.00 against the loonie.
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