Yen Rises Against Majors
September 03 2024 - 11:39PM
RTTF2
The Japanese yen strengthened against other major currencies in
the European session on Wednesday.
The yen rose to nearly a 4-week high of 159.96 against the euro,
a 9-day high of 189.71 against the pound and an 8-day high of
170.66 against the Swiss franc, from early lows of 160.89, 190.86
and 171.44, respectively.
Against the U.S. and the Canadian dollars, the yen climbed to a
5-day high of 144.75 and a 1-week high of 106.88 from early lows of
145.56 and 107.53, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 158.00 against the euro, 186.00 against the pound, 168.00
against the franc, 142.00 against the greenback and 104.00 against
the loonie.
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