Yen Falls Against Majors
October 08 2015 - 10:45PM
RTTF2
The Japanese yen weakened against the other major currencies in
the pre-European session on Friday.
The yen fell to nearly a 3-week low of 124.43 against the Swiss
franc and more than a 2-week low of 184.82 against the pound, from
early highs of 123.93 and 183.92, respectively.
Against the euro and the U.S. dollar, the yen slid to 2-day lows
of 135.61 and 120.17 from early highs of 135.05 and 119.84,
respectively.
Against the Australian, the New Zealand and the Canadian
dollars, the yen dropped to more than 1-1/2-month lows of 87.71,
80.47 and 92.71 from early highs of 86.89, 79.79 and 92.06,
respectively.
If the yen extends its downtrend, it is likely to find support
around 126.50 against the franc, 188.00 against the pound, 137.50
against the euro, 122.00 against the greenback, 90.00 against the
aussie, 82.00 against the kiwi and 95.00 against the loonie.
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