Yen Falls Against Most Majors
16 July 2018 - 3:53PM
RTTF2
The Japanese yen slipped against its most major counterparts in
early European deals on Monday.
The yen dropped to 149.12 against the pound, its lowest since
May 22.
The yen fell to a 4-day low of 112.49 against the franc and a
2-1/2-month low of 131.62 against the euro, from its early highs of
111.94 and 131.08, respectively.
The yen dropped back to 83.64 against the aussie, heading to
pierce its early near 5-week low of 83.69.
The yen was trading lower at 76.24 against the kiwi, down from a
high of 75.82 hit at 5:00 pm ET.
The yen is likely to find support around 133.00 against the
euro, 114.00 against the franc, 152.00 against the pound, 86.00
against the aussie and 77.5 against the kiwi.
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