Yen Rises Against Majors
February 27 2017 - 7:52PM
RTTF2
The Japanese yen strengthened against the other major currencies
in the Asian session on Tuesday.
The yen rose to nearly a 3-week high of 85.21 against the
Canadian dollar, from yesterday's closing value of 85.48.
Against the euro, the pound and the Swiss franc, the yen
advanced to 118.79, 139.67 and 111.32 from yesterday's closing
quotes of 119.31, 140.23 and 111.59, respectively.
Against the U.S. and the New Zealand dollars, the yen climbed to
112.45 and 80.74 from yesterday's closing quotes of 112.69 and
81.04, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 84.00 against the loonie, 117.00 against the euro, 134.00
against the pound, 110.00 against the franc, 110.00 against the
greenback and 79.00 against the kiwi.
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