Yen Falls Against Majors
17 Mai 2024 - 3:19AM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Friday.
The yen fell to more than a 2-week low of 197.33 against the
pound, from yesterday's closing value of 196.92.
Against the euro and the Swiss franc, the yen dropped to 2-day
lows of 169.29 and 171.86 from Thursday's closing quotes of 168.89
and 171.48, respectively.
Against the U.S., the Australia and the Canadian dollars, the
yen slipped to 2-day lows of 155.93, 104.00 and 114.42 from
yesterday's closing quotes of 155.41, 103.75 and 114.09,
respectively.
The yen edged down to 95.29 against the NZ dollar, from
Thursday's closing value of 95.16.
If the yen extends its downtrend, it is likely to find support
around 201.00 against the pound, 172.00 against the euro, 176.00
against the franc, 161.00 against the greenback, 105.00 against the
aussie, 117.00 against the loonie and 96.00 against the kiwi.
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