Yen Weakens Against Majors
December 06 2016 - 9:22PM
RTTF2
The Japanese yen declined against its major rivals in
pre-European deals on Wednesday.
The yen slipped to a 2-day low of 114.38 against the greenback,
off its early high of 113.94.
The yen edged down to 113.25 against the franc, 122.59 against
the euro and 144.72 against the pound, from its previous highs of
112.79, 122.13 and 144.34, respectively.
The yen reversed from its early high of 85.77 against the
loonie, edging lower to 86.08.
On the downside, the yen may find support around 116.00 against
the greenback, 116.00 against the franc, 128.00 against the euro,
148.5 against the pound and 90.00 against the loonie.
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