Yen Falls Against Majors
January 16 2017 - 5:07PM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Tuesday.
The yen fell to 121.17 against the euro and 137.68 against the
pound, from yesterday's closing quotes of 121.01 and 137.49,
respectively.
Against the U.S. dollar and the Swiss franc, the yen dropped to
114.28 and 112.99 from yesterday's closing quotes of 114.18 and
112.77, respectively.
If the yen extends its downtrend, it is likely to find support
around 124.00 against the euro, 145.00 against the pound, 118.00
against the greenback and 116.00 against the franc.
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