Yen Falls Against Majors
June 26 2017 - 12:34AM
RTTF2
The Japanese yen weakened against other major currencies in the
early European session on Monday. The yen fell to a 6-day low of
142.25 against the pound, from an early high of 141.48.
Against the U.S. dollar, the yen dropped to a 5-day low of
111.63 from an early 4-day high of 111.14.
Against the euro and the Swiss franc, the yen slipped to nearly
a 4-week low of 124.97 and a 1-month low of 115.10 from early highs
of 124.37 and 114.61, respectively.
If the yen extends its downtrend, it is likely to find support
around 144.00 against the pound, 114.00 against the greenback,
126.00 against the euro and 116.00 against the franc.
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