Yen Falls Against Majors
07 August 2024 - 11:53AM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Wednesday.
The yen fell to a 6-day low of 172.18 against the Swiss franc
and a 2-day low of 188.07 against the pound, from yesterday's
closing quotes of 169.43 and 183.13, respectively.
Against the euro and the U.S. dollar, the yen dropped to 5-day
lows of 161.44 and 147.90 from Tuesday's closing quotes of 157.72
and 144.30, respectively.
If the yen extends its downtrend, it is likely to find support
around 177.00 against the franc, 196.00 against the pound, 169.00
against the euro and 156.00 against the greenback.
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