Yen Falls Against Majors
March 13 2024 - 3:07AM
RTTF2
The Japanese yen weakened against other major currencies in the
European session on Wednesday.
The yen fell to a 5-day low of 161.73 against the euro, from an
early high of 160.90.
Against the pound, the U.S. dollar and the Swiss franc, the yen
slipped to 189.26, 148.05 and 168.50 from early highs of 188.42,
147.24 and 167.82, respectively.
Against the Australia and the Canadian dollars, the yen slid to
5-day lows of 97.80 and 109.75 from early highs of 97.24 and
109.13, respectively.
Moving away from an early high of 90.53 against the NZ dollar,
the yen dropped to a 2-day low of 91.12.
If the yen extends its downtrend, it is likely to find support
around 163.00 against the euro, 192.00 against the pound, 150.00
against the greenback, 170.00 against the franc, 99.00 against the
aussie, 111.00 against the loonie and 93.00 against the kiwi.
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