Yen Falls Against Majors
03 August 2015 - 9:14AM
RTTF2
The Japanese yen weakened against the other major currencies in
the early European session on Monday.
The yen fell to a 4-day low of 194.04 against the pound, from an
early high of 193.43.
Against the euro and the U.S. dollar, the yen dropped to 136.33
and 124.09 from early highs of 135.87 and 119.63, respectively.
Pulling away from a early 4-day high of 127.96 against the Swiss
franc, the pound edged down to 128.55.
If the yen extends its downtrend, it is likely to find support
around 195.00 against the pound, 138.00 against the euro, 125.00
against the greenback and 130.00 against the franc.
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