Yen Falls Against Majors
04 Dezember 2024 - 7:51AM
RTTF2
The Japanese yen weakened against other major currencies in the
European session on Wednesday.
The yen fell to 5-day lows of 191.35 against the pound and
151.05 against the U.S. dollar, from early highs of 189.37 and
149.53, respectively.
Against the euro, the Swiss franc and the Canadian dollar, the
yen slipped to 2-day lows of 158.63, 170.33 and 107.39 from early
highs of 156.99, 168.67 and 106.27, respectively.
If the yen extends its downtrend, it is likely to find support
around 195.00 against the pound, 155.00 against the greenback,
163.00 against the euro, 173.00 against the franc and 109.00
against the loonie.
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