Yen Rises Against Majors
19 May 2017 - 10:24AM
RTTF2
The Japanese yen strengthened against the other major currencies
in the Asian session on Friday.
The yen rose to 123.38 against the euro, 143.83 against the
pound and 111.11 against the U.S. dollar, from yesterday's closing
quotes of 123.74, 144.26 and 111.46, respectively.
Against the Swiss franc, the yen edged up to 113.37 from an
early 2-day low of 113.89.
If the yen extends its uptrend, it is likely to find resistance
around 121.00 against the euro, 142.00 against the pound, 109.00
against the greenback and 111.00 against the franc.
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