Yen Weakens Against Most Majors
December 12 2019 - 9:45PM
RTTF2
The Japanese yen dropped against its most major counterparts in
early European deals on Friday.
The yen fell to an 11-day low of 109.66 against the greenback
and a 5-1/2-month low of 122.58 against the euro, from its early
highs of 108.92 and 121.39, respectively.
Reversing from an early high of 110.72 against the franc, the
yen dropped to an 8-month low of 111.78.
The next possible support for the yen is seen around 111.00
against the greenback, 125.00 against the euro and 114.00 against
the franc.
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