Yen Falls Against Majors
March 17 2024 - 7:33PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Monday.
The yen fell to near 2-week lows of 162.56 against the euro,
190.12 against the pound and 149.33 against the U.S. dollar, from
last week's closing quotes of 162.24, 189.84 and 149.02,
respectively.
The yen dropped to a 6-day low of 169.02 against the Swiss
franc, from Friday's closing quotes of 168.59.
Against Australia, the New Zealand and the Canadian dollars, the
yen edged down to 98.00, 90.89 and 110.25 from last week's closing
quotes of 97.76, 90.60 and 110.03, respectively.
If the yen extends its downtrend, it is likely to find support
around 164.00 against the euro, 191.00 against the pound, 151.00
against the greenback, 172.00 against the franc, 99.00 against the
aussie, 93.00 against the kiwi and 112.00 against the loonie.
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