Yen Strengthens Against Majors
March 22 2018 - 6:05AM
RTTF2
The Japanese yen climbed against its major counterparts in the
European session on Thursday.
The yen advanced to 3-day highs of 129.64 against the euro and
111.09 against the franc, off its early lows of 131.02 and 111.79,
respectively.
The yen climbed to near a 3-week high of 105.26 against the
greenback, 2-day high of 148.70 against the pound and a 4-month
high of 81.18 against the aussie, from its previous lows of 106.09,
150.17 and 82.43, respectively.
The yen edged up to 76.12 against the kiwi and 81.56 against the
loonie, reversing from its early lows of 76.78 and 82.38,
respectively.
If the yen rises further, it may find resistance around 128.00
against the euro, 110.00 against the franc, 102.00 against the
greenback, 144.00 against the pound, 80.00 against the aussie,
74.00 against the kiwi and 80.00 against the loonie.
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