Yen Falls Against Majors
03 October 2024 - 10:53AM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Thursday.
The yen fell to 6-day lows of 162.49 against the euro and 195.18
against the pound, from yesterday's closing quotes of 161.77 and
194.31, respectively.
The yen edged down to more than a 2-month low of 173.00 against
the Swiss franc, from Wednesday's closing value of 172.33.
Against the U.S., Australia, the New Zealand and the Canadian
dollars, the yen slid to nearly a 1-1/2-month low of 147.24, more
than a 2-month low of 101.28, a 6-day low of 91.93 and a 1-month
low of 108.97 from yesterday's closing quotes of 146.46, 100.82,
91.71 and 108.46, respectively.
If the yen extends its downtrend, it is likely to find support
around 168.00 against the euro, 200.00 against the pound, 176.00
against the franc, 151.00 against the greenback, 104.00 against the
aussie, 91.71 against the kiwi and 110.00 against the loonie.
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