Yen Rises Against Majors
November 28 2024 - 7:48PM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Friday.
The yen rose to near 2-month highs of 158.24 against the euro,
190.33 against the pound and 170.01 against the Swiss franc, from
yesterday's closing quotes of 159.92, 192.26 and 171.56,
respectively.
Against the U.S. and the Canadian dollars, the yen advanced to
nearly a 1-1/2-month high of 149.76 and nearly a 2-month high of
107.04 from Thursday's closing quotes of 151.54 and 108.13,
respectively.
Against the Australia and the New Zealand dollars, the yen
climbed to more than 2-month highs of 97.53 and 88.47 from
yesterday's closing quotes of 98.49 and 89.23, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 154.00 against the euro, 184.00 against the pound, 167.00
against the franc, 144.00 against the greenback, 104.00 against the
loonie, 96.00 against the aussie and 87.00 against the kiwi.
NZD vs Yen (FX:NZDJPY)
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