Yen Falls Against Majors
March 18 2024 - 9:48PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Tuesday.
The yen fell to 2-week lows of 163.33 against the euro and
191.07 against the pound, from yesterday's closing quotes of 162.14
and 189.82, respectively.
The yen dropped to nearly a 2-week low of 169.20 against the
Swiss franc, from yesterday's closing value of 167.98.
Against the U.S. and the Canadian dollars, the yen slipped to
2-week lows of 150.25 and 110.89 from Monday's closing quotes of
149.14 and 110.20, respectively.
If the yen extends its downtrend, it is likely to find support
around 164.00 against the euro, 192.00 against the pound, 172.00
against the franc, 152.00 against the greenback and 112.00 against
the loonie.
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