Yen Rises Against Majors
July 04 2024 - 10:29PM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Friday.
The yen rose to 2-day highs of 173.72 against the euro and
204.99 against the pound, from yesterday's closing quotes of 174.33
and 205.74, respectively.
Against the Swiss franc, the yen climbed to a 1-week high of
160.53 from Thursday's closing value of 161.25.
The yen edged up to 178.68 against the Swiss franc, from
yesterday's closing value of 179.11.
Moving away from an early 33-year low of 108.60 against the
Australian dollar, the yen advanced to a 2-day high of 108.14.
Against the New Zealand and the Canadian dollars, the yen
climbed to a 2-day high of 98.25 and 117.94 from yesterday's
closing quotes of 98.57 and 118.43, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 171.00 against the euro, 202.00 against the pound, 158.00
against the greenback, 175.00 against the franc, 105.00 against the
aussie, 95.00 against the kiwi and 115.00 against the loonie.
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