Yen Falls Against Majors
June 05 2024 - 3:09AM
RTTF2
The Japanese yen weakened against other major currencies in the
European session on Wednesday.
The yen declined to a record low of 175.14 against the Swiss
franc, from an early high of 173.79.
The yen fell to 170.00 against the euro and 199.64 against the
pound, from early highs of 168.41 and 197.68, respectively.
Against the U.S., Australia, the New Zealand and the Canadian
dollars, the yen edged down to 156.30, 104.01, 96.75 and 114.29
from early highs of 154.78, 102.91, 95.59 and 113.14,
respectively.
If the yen extends its downtrend, it is likely to find support
around 173.00 against the euro, 201.00 against the pound, 162.00
against the greenback, 106.00 against the aussie, 98.00 against the
kiwi and 117.00 against the loonie.
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