Yen Drops To Multi-day Lows Against Majors
April 12 2012 - 9:56PM
RTTF2
The Japanese yen fell across the board on Friday morning in
Asia. The yen is presently trading at a 1-week low of 84.84 against
the Australian dollar and 67.52 against the NZ dollar with 85.30
and 68.0, respectively seen as the next likely support levels.
The Japanese currency also slipped to a 3-day low of 81.21
against the US dollar, 81.69 against the Canadian dollar, 89.16
against the Swiss franc, 129.61 against the pound and 107.12
against the euro in early Asian trading on Friday.
If the yen weakens further, likely support levels are seen at
81.50 against the greenback, 103.15 against the pound, 107.50
against the euro, 89.40 against the Swiss franc and 82.20 against
the loonie.
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