Yen Falls Against Majors
January 20 2016 - 5:55PM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Wednesday.
The yen fell to 127.70 against the euro and 166.79 against the
pound, from yesterday's closing quotes of 127.30 and 165.93,
respectively.
Against the U.S. dollar and the Swiss franc, the yen dropped to
117.47 and 116.79 from yesterday's closing quotes of 116.94 and
116.36, respectively.
If the yen extends its downtrend, it is likely to find support
around 129.00 against the euro, 170.00 against the pound, 119.00
against the greenback and 119.00 against the franc.
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