Yen Extends Weakness Against Majors
09 Juin 2017 - 12:12PM
RTTF2
The Japanese yen extended its decline against its major rivals
in the early New York deals on Friday, on the back of the Bank of
Japan governor Haruhiko Kuroda's comments that the era of
ultra-loose monetary policy has too long to go to attain price
stability target.
"There is still a long way to go until the price stability
target of 2 percent is achieved," Kuroda said in a speech on
Thursday in Oxford, England.
The yen that closed Thursday's trading at 110.03 against the
greenback slipped to a weekly low of 110.81.
The yen weakened to 79.70 against the kiwi, its weakest since
March 16.
The yen edged down to 114.05 versus the Swiss franc and 123.79
versus the euro, from its early high of 113.29 and a 2-day high of
122.81, respectively.
The yen slid to a weekly low of 82.32 versus the loonie, near
2-month low of 79.70 against the kiwi and a 2-week low of 83.34
against the aussie, off its previous highs of 81.05, 78.97 and
82.59, respectively.
The yen is likely to find support around 112.00 against the
greenback, 115.00 against the franc, 125.00 against the euro,
142.00 against the pound, 83.5 against the loonie, 84.00 against
the aussie and 80.5 against the kiwi.
Euro vs Yen (FX:EURJPY)
Graphique Historique de la Devise
De Mar 2024 à Avr 2024
Euro vs Yen (FX:EURJPY)
Graphique Historique de la Devise
De Avr 2023 à Avr 2024