Yen Rises Against Majors
March 03 2015 - 9:06PM
RTTF2
The Japanese yen strengthened against the other major currencies
in the Asian session on Wednesday.
The yen rose to more than a 1-1/2-month high of 124.32 against
the Swiss franc, from yesterday's closing value of 124.49.
The yen, which ended yesterday's deals at 133.80 against the
euro and 183.87 against the pound appreciated to 5-day highs of
133.59 and 183.59, respectively.
Against the U.S. and Canadian dollars, the yen edged up to
119.48 and 95.68 from yesterday's closing quotes of 119.72 and
95.80, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 115.50 against the Swiss franc, 130.01 against the euro,
180.04 against the pound, 118.15 against the greenback and 91.72
against the loonie.
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