Yen Rises Against Majors
03 September 2024 - 6:41AM
RTTF2
The Japanese yen strengthened against other major currencies in
the European session on Tuesday.
The yen rose to a 4-day high of 145.65 against the U.S. dollar,
from an early 2-week low of 147.21.
Against the Swiss franc, the euro and the pound, the yen
advanced to 4-day highs of 170.77, 160.94 and 191.08 from early
highs of 172.67, 162.80 and 193.37, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 144.00 against the greenback, 169.00 against the franc,
160.00 against the euro and 189.00 against the pound.
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