Yen Falls Against Majors
December 06 2024 - 1:08AM
RTTF2
The Japanese yen weakened against other major currencies in the
European session on Friday.
The yen fell to 1-week lows of 159.44 against the euro, 192.29
against the pound and 171.58 against the Swiss franc, from early
highs of 158.38, 190.93 and 170.37, respectively.
Against the U.S. and the Canadian dollars, the yen edged down to
150.70 and 107.32 from early highs of 149.77 and 106.73,
respectively.
If the yen extends its downtrend, it is likely to find support
around 164.00 against the euro, 197.00 against the pound, 175.00
against the franc, 156.00 against the greenback and 111.00 against
the loonie.
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