Yen Slides Against Majors
26 Avril 2017 - 04:14AM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Wednesday.
The yen fell to nearly a 1-1/2-month low of 121.98 against the
euro and nearly a 3-month low of 143.03 against the pound, from
yesterday's closing quotes of 121.38 and 142.59, respectively.
Against the U.S. dollar and the franc, the yen dropped to more
than a 2-week low of 111.43 and nearly a 1-month low of 112.29 from
yesterday's closing quotes of 111.08 and 111.82, respectively.
If the yen extends its downtrend, it is likely to find support
around 123.00 against the euro, 145.00 against the pound, 114.00
against the greenback and 114.00 against the franc.
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