Yen Falls Against Majors
30 September 2016 - 10:11AM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Friday.
The yen fell to more than a 2-week low of 105.28 against the
Swiss franc, from yesterday's closing value of 104.55.
Against the euro and the pound, the yen dropped to 114.12 and
131.95 from yesterday's closing quotes of 113.34 and 130.97,
respectively.
The yen slipped to 73.84 against the NZ dollar, from an early
2-day high of 73.04.
Against the U.S., the Australian and the Canadian dollars, the
yen edged down to 101.78, 77.57 and 77.35 from yesterday's closing
quotes of 101.02, 77.13 and 76.84, respectively.
If the yen extends its downtrend, it is likely to find support
around 106.00 against the franc, 115.00 against the euro, 136.00
against the pound, 75.00 against the kiwi, 103.00 against the
greenback, 79.00 against the aussie and 79.00 against the
loonie.
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