Yen Recovers Slightly Against Majors
March 27 2017 - 8:08PM
RTTF2
The Japanese yen recovered slightly from recent lows against the
other major currencies in the Asian session on Tuesday.
The yen rose to 120.09 against the euro and 138.88 against the
pound, from an early 6-day low of 120.38 and a 5-day low of 139.21,
respectively.
Against the U.S. dollar, the Swiss franc and the Canadian
dollar, the yen advanced to 110.52, 112.15 and 82.59 from early
lows of 110.83, 112.43 and 82.83, respectively.
If the yen extends its uptrend, it is likely to find likely to
find resistance around 118.00 against the euro, 137.00 against the
pound, 109.00 against the greenback, 111.00 against the franc and
81.00 against the loonie.
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