Yen Weakens Further Against Majors

The Japanese yen continued to move in a descending track across the board in late Asian deals on Friday. The yen is presently trading at fresh multi-month lows of 89.19 against the franc, 107.52 against the euro and 67.38 against the New Zealand dollar.

The yen also fell to multi-day lows of 86.34 against the Australian dollar, 126.59 against the pound and 80.39 against the US dollar. Against the Canadian dollar, the yen is presently trading at a session's low of 80.61.

If the yen weakens further, likely support levels are seen at 80.50 against the greenback, 126.75 versus the pound, 86.50 against the aussie, 108.0 against the euro, 89.90 against the Swiss franc, 67.50 against the NZ dollar and 81.20 against the Canadian dollar.