Yen Retreats Against Majors
July 30 2024 - 11:38PM
RTTF2
The Japanese yen retreated from recent highs against other major
currencies in the Asian session on Wednesday.
The yen fell to 166.56 against the euro and 197.62 against the
pound, from a recent near 3-month highs of 164.17 and 194.75,
respectively.
Against the U.S. dollar and the Swiss franc, the yen slipped to
153.89 and 174.24 from a recent near 4-month high of 151.63 and a
2-month high of 172.09, respectively.
The yen slipped to 111.16 against the Canadian dollar, from a
recent near 5-month high of 109.55.
If the yen extends its downtrend, it is likely to find support
around 173.00 against the euro, 204.00 against the pound, 156.00
against the greenback, 180.00 against the franc and 116.00 against
the loonie.
US Dollar vs Yen (FX:USDJPY)
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