Yen Advances Against Majors
July 05 2017 - 08:48PM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Thursday.
The yen rose to a 3-day high of 127.99 against the euro, from
yesterday's closing value of 128.54.
Against the pound and the Swiss franc, the yen advanced to
146.05 and 117.01 from yesterday's closing quotes of 146.46 and
117.47, respectively.
Against the U.S. and the Canadian dollars, the yen edged up to
112.89 and 87.03 from yesterday's closing quotes of 113.25 and
87.39, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 125.00 against the euro, 143.00 against the pound, 115.00
against the franc, 111.00 against the greenback and 85.00 against
the loonie.
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