Yen Rises Against Majors
12 July 2024 - 12:15PM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Friday.
The yen rose to nearly a 4-week high of 96.30 against the NZ
dollar, from yesterday's closing value of 96.78.
Against the euro, the pound and the U.S. dollar, the yen
advanced to 171.84, 204.22 and 157.99 from yesterday's closing
quotes of 172.57, 205.03 and 158.80, respectively.
The yen touched yesterday's near 4-week high of 176.46 against
the Swiss franc, from yesterday's closing value of 177.08.
Against the Australia and the Canadian dollars, the yen edged up
to 107.00 and 115.98 from Thursday's closing quotes of 107.33 and
116.47, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 95.00 against the kiwi, 169.00 against the euro, 200.00
against the pound, 155.00 against the greenback, 174.00 against the
franc, 104.00 against the aussie and 113.00 against the loonie.
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