Yen Falls Against Majors
June 02 2024 - 9:10PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Monday.
The yen slipped to 5-week lows of 170.89 against the euro and
174.69 against the Swiss franc, from Friday's closing quotes of
170.64 and 174.23, respectively.
Against the pound and the U.S. dollar, the yen dropped to a
5-day low of 200.65 and a 4-day low of 157.48 from last week's
closing quotes of 200.44 and 157.23, respectively.
Against Australia, the New Zealand and the Canadian dollars, the
yen slipped to a 5-day low of 104.73, a 17-year low of 96.81 and
5-week low of 115.54 from last week's closing quotes of 104.65,
96.62 and 115.36, respectively.
If the yen extends its downtrend, it is likely to find support
around 172.00 against the euro, 176.00 against the franc, 202.00
against the pound, 162.00 against the greenback, 106.00 against the
aussie, 98.00 against the kiwi and 118.00 against the loonie.
CHF vs Yen (FX:CHFJPY)
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