Yen Falls Against Majors
October 24 2016 - 7:38PM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Tuesday.
The yen fell to a 4-day low of 113.64 against the euro, a 6-day
low of 127.70 against the pound and nearly a 2-week low of 104.49
against the U.S. dollar, from yesterday's closing quotes of 113.35,
127.48 and 104.18, respectively.
The yen edged down to 105.12 against the Swiss franc, from
yesterday's closing value of 104.85.
Against the Australian dollar, the yen slipped to a 5-day low of
79.62 from yesterday's closing value of 79.28.
The yen dropped to a 4-day low of 74.67 against the NZ dollar,
from an early 4-day high of 74.14.
If the yen extends its downtrend, it is likely to find support
around 117.00 against the euro 132.00 against pound, 105.00 against
the greenback, 106.00 against the franc, 81.00 against the aussie
and 75.00 against the kiwi.
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