Yen Falls Against Majors
14 November 2024 - 1:45PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Thursday.
The yen fell to a 2-day low of 198.00 against the pound, from
yesterday's closing value of 197.47.
Against the U.S. and the Canadian dollars, the yen slipped to
nearly 4-month lows of 156.15 and 111.42 from Wednesday's closing
quotes of 155.45 and 111.05, respectively.
Against the euro and the Swiss franc, the yen edged down to
164.68 and 175.92 from yesterday's closing quotes of 164.20 and
175.41, respectively.
If the yen extends its downtrend, it is likely to find support
around 158.00 against the greenback, 112.00 against the loonie,
199.00 against the pound, 166.00 against the euro and 177.00
against the franc.
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