Yen Falls Against Majors
01 October 2024 - 2:47PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Tuesday.
The yen fell to 4-day lows of 160.91 against the euro, 193.37
against the pound and 170.71 against the Swiss franc, from
yesterday's closing quotes of 159.91, 192.02 and 169.82,
respectively.
Against the U.S., Australia, the New Zealand and the Canadian
dollars, the yen slipped to 4-day lows of 144.54, 100.11, 91.50 and
106.89 from Monday's closing quotes of 143.62, 99.27, 91.17 and
106.18, respectively.
If the yen extends its downtrend, it is likely to find support
around 167.00 against the euro, 198.00 against the pound, 174.00
against the franc, 149.00 against the greenback, 102.00 against the
aussie, 93.00 against the kiwi and 110.00 against the loonie.
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