Yen Falls Against Majors
July 26 2016 - 8:29PM
RTTF2
The Japanese yen weakened against the other major currencies in
the Asian session on Wednesday.
The yen fell to a 6-day low of 74.71 against the NZ dollar and a
5-day low of 117.14 against the euro, from yesterday's closing
quotes of 73.78 and 114.95, respectively.
Against the pound and the U.S. dollar, the yen dropped to 2-day
lows of 139.90 and 106.54 from yesterday's closing quotes of 137.31
and 104.62, respectively.
Against the Australian and the Canadian dollars, the yen slipped
to 2-day lows of 79.57 and 80.77 from yesterday's closing quotes of
78.46 and 79.31, respectively.
The yen edged down to 107.37 against the Swiss franc, from
yesterday's closing value of 105.39.
If the yen extends its downtrend, it is likely to find support
around 77.00 against the kiwi, 123.00 against the euro, 162.00
against the pound, 108.00 against the greenback, 82.00 against the
aussie, 83.00 against the loonie and 112.00 against the franc.
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