Yen Drops Against Some Majors
25 August 2016 - 03:57PM
RTTF2
The Japanese yen resumed its early decline against the euro,
Swiss franc and the Canadian dollar in European deals on
Thursday.
The yen reversed from early highs of 103.78 against the Swiss
franc and 113.10 against the euro, edging down to 104.14 and
113.42, respectively.
The yen slid to a 2-day low of 77.85 against the loonie, from a
high of 77.65 hit at 5:00 pm ET.
The yen is likely to find support around around 108.00 against
the franc, 115.00 against the euro and 80.00 against the
loonie.
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