Yen Falls Against Majors
January 22 2025 - 7:57PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Thursday.
The yen fell to 8-day lows of 156.75 against the U.S. dollar and
172.92 against the Swiss franc, from yesterday's closing quotes of
156.44 and 172.59, respectively.
Against the euro and the pound, the yen slid to 163.13 and
193.01 from Wednesday's closing quotes of 162.82 and 192.63,
respectively.
The yen dropped to a 2-week low of 88.83 against the NZ dollar,
from yesterday's closing value of 88.57.
Against the Australia and the New Zealand dollars, the yen edged
down to 98.32 and 108.91 from Wednesday's closing quotes of 98.12
and 108.68, respectively.
If the yen extends its downtrend, it is likely to find support
around 159.00 against the greenback, 176.00 against the franc,
165.00 against the euro, 198.00 against the pound, 90.00 against
the kiwi, 99.00 against the aussie and 110.00 against the
loonie.
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