Yen Rises Against Majors
21 August 2017 - 12:46PM
RTTF2
The Japanese yen strengthened against other major currencies in
the pre-European session on Monday.
The yen rose to a 6-day high of 112.91 against the Swiss franc,
from an early low of 113.34.
Against the euro and the pound, the yen advanced to 128.09 and
140.33 from early lows of 128.61 and 140.85, respectively.
Against the U.S., the Australian, the New Zealand and the
Canadian dollars, the yen edged up to 109.10, 86.44, 79.81 and
86.59 from early lows of 109.42, 86.75, 80.00 and 86.97,
respectively.
If the yen extends its uptrend, it is likely to find resistance
around 111.00 against the franc, 127.00 against the euro, 138.00
against the pound, 108.00 against the greenback, 85.00 against the
aussie, 78.00 against the kiwi and 84.00 against the loonie.
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