Yen Falls Against Majors
April 03 2024 - 1:58AM
RTTF2
The Japanese yen weakened against other major currencies in the
European session on Wednesday.
The yen fell to a 5-day low of 163.50 against the euro and a
2-day low of 190.95 against the pound, from early highs of 163.07
and 190.43, respectively.
Against the U.S. dollar and the Swiss franc, the yen edged down
to 151.80 and 167.11 from an early 2-day high of 151.44 and a
1-week high of 166.76, respectively.
The yen slipped to 111.81 against the Canadian dollar, from an
early high of 111.62.
If the yen extends its downtrend, it is likely to find support
around 165.00 against the euro, 194.00 against the pound, 152.00
against the greenback, 171.00 against the franc and 112.00 against
the loonie.
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