Yen Rises Against Majors
25 February 2025 - 3:58PM
RTTF2
The Japanese yen strengthened against other major currencies in
the European session on Tuesday.
The yen rose to a 4-day high of 188.18 against the pound, from
an early 4-day low of 189.67.
Against the U.S. dollar and the Swiss franc, the yen edged up to
149.20 and 166.37 from an early 4-day lows of 150.30 and 167.46,
respectively.
The yen edged up to 156.00 against the euro, from an early low
of 157.24.
Against the Australia and the New Zealand dollars, the yen
advanced to more than 2-week highs of 94.54 and 85.40 from early
lows of 95.32 and 86.04, respectively.
The yen climbed to more than a 5-month high of 104.55 against
the Canadian dollar, from an early low of 105.34.
If the yen extends its uptrend, it is likely to find resistance
around 186.00 against the pound, 148.00 against the greenback,
165.00 against the franc, 155.00 against the euro, 93.00 against
the aussie, 83.00 against the kiwi and 102.00 against the
loonie.
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