Yen Falls Against Most Majors
27 May 2015 - 4:41PM
RTTF2
The Japanese yen weakened against most major currencies ahead of
European session on Friday.
The yen fell to a 6-day low of 189.80 against the pound, from an
early high of 189.21.
Pulling away from early highs of 133.76 against the euro and
128.99 against the Swiss franc, the yen dropped to 134.29 and
129.62, respectively.
Against the Australia and the Canadian dollars, the yen edged
down to 95.49 and 99.12 from early highs of 95.11 and 98.91,
respectively.
If the yen extends its downtrend, it is likely to find support
around 190.50 against the pound, 137.50 against the euro, 132.00
against the franc, 97.50 against the aussie and 100.50 against the
loonie.
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