Yen Weakens Against Majors
May 26 2015 - 02:42AM
RTTF2
The Japanese yen slipped against its major counterparts ahead of
European deals on Tuesday.
The yen hit 122.68 against the greenback, its lowest since July
2007, from an early high of 121.48.
The yen fell to a 5-day low of 99.46 against the loonie, 11-day
low of 89.41 against the kiwi, 4-day lows of 95.73 versus the
aussie and 189.09 against the pound, off early highs of 98.63,
88.79, 95.04 and 187.88,respectively.
The yen edged down to 128.97 against the franc and 133.82
against the euro, reversing from an early high of 128.46 and a
multi-week high of 133.09,respectively.
The yen may possibly find support around 124.00 against the
greenback, 130.00 against the franc, 135.00 against the euro,
190.00 against the pound, 91.00 against the kiwi, 100.00 against
the loonie and 97.5 against the aussie.
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