Yen Rises Against Majors
04 October 2024 - 11:52AM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Friday.
The yen rose to 2-day highs of 161.09 against the euro and
191.78 against the pound, from yesterday's closing quotes of 162.04
and 192.80, respectively.
The yen edged up to 171.66 against the Swiss franc, from
Thursday's closing value of 172.25.
Against the U.S., Australia, the New Zealand and the Canadian
dollars, the yen advanced to 2-day highs of 146.03, 99.94, 90.71
and 107.75 from yesterday's closing quotes of 146.92, 100.49, 91.26
and 108.37, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 156.00 against the euro, 185.00 against the pound, 166.00
against the franc, 139.00 against the greenback, 96.00 against the
aussie, 87.00 against the kiwi and 103.00 against the loonie.
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