Yen Rises Against Majors
05 April 2024 - 2:24PM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Friday.
The yen rose to 2-day highs of 163.49 against the euro and
190.68 against the pound, from yesterday's closing quotes of 163.97
and 191.28, respectively.
Against the U.S. and the Canadian dollars, the yen advanced to
more than a 2-week high of 150.81 and an 8-day high of 111.28 from
Thursday's closing quotes of 151.33 and 111.72, respectively.
The yen edged up to 167.28 against the Swiss franc, from
yesterday's closing value of 167.86.
Against the Australia and the New Zealand dollars, the yen
climbed to 2-day highs of 99.20 and 90.81 from yesterday's closing
quotes of 99.68 and 91.16, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 162.00 against the euro, 189.00 against the pound, 147.00
against the greenback, 109.00 against the loonie, 164.00 against
the franc, 97.00 against the aussie and 89.00 against the kiwi.
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