Yen Climbs Against Majors
10 January 2018 - 1:18PM
RTTF2
The Japanese yen firmed against its key counterparts in
pre-European deals on Wednesday.
The yen climbed to an 8-day high of 112.08 against the greenback
and a 3-week high of 133.65 versus the euro, from its early lows of
112.78 and 134.56, respectively.
The yen reversed from its early lows of 114.64 against the franc
and 152.60 against the pound, rising to more than a 3-week high of
113.85 and a 2-week high of 151.44, respectively.
The yen strengthened to a 2-week high of 87.53 against the
aussie, 6-day highs of 89.84 against the loonie and 80.24 against
the kiwi, off its previous lows of 88.17, 90.43 and 80.69,
respectively.
If the yen rises further, it may find resistance around 111.00
against the greenback, 132.00 against the euro, 113.00 against the
franc, 150.00 against the pound, 86.00 against the aussie, 111.00
against the loonie and 79.00 against the kiwi.
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