Yen Falls Against Majors
29 September 2016 - 2:54AM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Thursday.
The yen fell to 8-day lows of 113.99 against the euro, 104.57
against the Swiss franc and 101.49 against the U.S. dollar, from
yesterday's closing quotes of 112.93, 103.66 and 100.68,
respectively.
Against the pound, the yen dropped to a 6-day low of 132.24 from
yesterday's closing value of 131.03.
If the yen extends its downtrend, it is likely to find support
around 115.00 against the euro, 105.00 against the franc, 104.00
against the greenback and 135.00 against the pound.
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