Yen Falls Against Majors
August 12 2024 - 10:41PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Tuesday.
The yen fell to a 4-day low of 170.44 against the Swiss franc,
from yesterday's closing value of 170.00.
Against the euro and the pound, the yen dropped to 161.70 and
189.08 from Monday's closing quotes of 160.79 and 187.76,
respectively.
Against the U.S., Australia, the New Zealand and the Canadian
dollars, the yen slipped to 147.82, 9753, 89.21 and 107.61 from
yesterday's closing quotes of 147.02, 96.81, 88.55 and 107.00,
respectively.
If the yen extends its downtrend, it is likely to find support
around 175.00 against the franc, 166.00 against the euro, 201.00
against the pound, 154.00 against the greenback, 103.00 against the
aussie, 93.00 against the kiwi and 111.00 against the loonie.
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