The Japanese yen weakened against the other major currencies in the Asian session on Thursday.

The yen fell to 128.95 against the euro, 177.60 against the pound, 123.99 against the Swiss franc and 89.31 against the NZ dollar, from yesterday's closing quotes of 128.85, 177.47, 123.76 and 89.19, respectively.

Against the U.S. and the Canadian dollars, the yen slipped to 119.74 and 94.93 from early highs of 119.51 and 94.72, respectively.

If the yen extends its downtrend, it is likely to find support around 132.00 against the euro, 181.00 against the pound, 130.33 against the franc, 92.41 against the kiwi, 122.00 against the greenback and 99.08 against the loonie.

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