Yen Rises Against Majors
25 Juli 2024 - 4:48AM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Thursday.
The yen rose to near 3-month highs of 165.04 against the euro
and 152.24 against the U.S. dollar, from yesterday's closing quotes
of 166.79 and 153.87, respectively.
Against the pound and the Swiss franc, the yen advanced to more
than a 2-month high of 196.27 and nearly a 2-month high of 172.33
from Wednesday's closing quotes of 198.60 and 173.83,
respectively.
If the yen extends its uptrend, it is likely to find resistance
around 162.00 against the euro, 150.00 against the greenback,
193.00 against the pound and 171.00 against the franc.
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