Yen Slides Against Majors
14 August 2017 - 3:06AM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Monday. The yen fell to a 5-day low of 129.65
against the euro and a 4-day low of 142.68 against the pound, from
Friday's closing quotes of 129.05 and 142.02, respectively.
Against the Swiss franc, the yen dropped to a 4-day low of
113.63 from an early 5-day high of 113.21.
Against the U.S., the Australian, the New Zealand and the
Canadian dollars, the yen slid to 4-day lows of 109.64, 86.63,
80.19 and 86.48 from last week's closing quotes of 109.17, 86.15,
79.87 and 86.08, respectively.
If the yen extends its downtrend, it is likely to find support
around 131.00 against the euro, 145.00 against the pound, 115.00
against the franc, 111.00 against the greenback, 88.00 against the
aussie, 82.00 against the kiwi and 89.00 against the loonie.
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