Yen Rises Against Majors
04 September 2015 - 1:48AM
RTTF2
The Japanese yen strengthened against the other major currencies
in the Asian session on Friday.
The yen rose to a 4-month high of 132.77 against the euro,
nearly a 4-month high of 181.77 against the pound and nearly a
2-week high of 83.05 against the Australian dollar, from
yesterday's closing quotes of 133.54, 183.07 and 84.25,
respectively.
Against the U.S. and the New Zealand dollars, the yen advanced
to 2-day highs of 119.29 and 75.83 from yesterday's closing quotes
of 120.06 and 76.82, respectively.
Against the Swiss franc and the Canadian dollar, the yen edged
up to 122.79 and 90.23 from yesterday's closing quotes of 123.33
and 91.09, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 130.00 against the euro, 178.00 against the pound, 81.00
against the aussie, 115.00 against the greenback, 72.00 against the
kiwi, 121.00 against the franc and 87.00 against the loonie.
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