Yen Falls Against Majors
April 09 2017 - 8:47PM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Monday.
The yen fell to a 1-week low of 111.57 against the U.S. dollar
and a 4-day low of 110.44 against the Swiss franc, from last week's
closing quotes of 111.05 and 109.98, respectively.
Against the euro and the pound, the yen dropped to 118.00 and
138.12, from Friday's closing quotes of 117.62 and 137.38,
respectively.
If the yen extends its downtrend, it is likely to find support
around 113.00 against the greenback, 112.00 against the franc,
119.00 against the euro and 140.00 against the pound.
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