Yen Falls Against Majors
15 March 2024 - 3:50PM
RTTF2
The Japanese yen weakened against other major currencies in the
European session on Friday.
The yen fell to a 1-week low of 162.03 against the euro, from an
early 2-day high of 161.07.
Moving away from an early high of 148.03 against the U.S.
dollar, the yen slipped to an 8-day high of 148.84.
Against the Swiss franc and the Canadian dollar, the yen dropped
to 2-day lows of 168.31 and 109.86 from an early 3-day high of
167.35 and a 2-day high of 109.36, respectively.
If the yen extends its downtrend, it is likely to find support
around 164.00 against the euro, 191.00 against the pound, 151.00
against the greenback, 170.00 against the franc and 111.00 against
the loonie.
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