Yen Recovers Against Most Majors
August 22 2017 - 2:32AM
RTTF2
The Japanese yen trimmed its early losses against its most major
counterparts in the European session on Tuesday.
The yen bounced off to 86.77 against the loonie, 140.17 against
the pound, 113.08 against the franc and 86.33 against the aussie,
from its early 4-day lows of 87.15, 141.04, 113.54 and 86.93,
respectively.
The yen recovered to 128.42 versus the euro, following a 5-day
low of 129.18 hit at 9:00 pm ET.
The yen climbed to a 4-day high of 79.56 against the kiwi, from
an early 4-day low of 80.12.
If the yen rises further, it may find resistance around 84.00
against the loonie, 136.00 against the pound, 111.00 against the
franc, 127.00 against the euro, 83.5 against the aussie and 78.00
against the kiwi.
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