Yen Rises Against Majors
February 19 2025 - 7:56PM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Thursday.
The yen rose to more than a 2-month high of 150.05 against the
U.S. dollar, from yesterday's closing value of 151.22.
Against the euro and the pound, the yen advanced to 9-day highs
of 156.51 and 188.99 from Wednesday's closing quotes of 157.60 and
190.29, respectively.
Against the Swiss franc and the Canadian dollar, the yen climbed
to 10-day highs of 166.26 and 105.51 from yesterday's closing
quotes of 167.19 and 106.21, respectively.
Against the Australia and the New Zealand dollars, the yen
jumped to 9-day highs of 95.33 and 85.73 from Wednesday's closing
quotes of 95.89 and 86.21, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 148.00 against the greenback, 154.00 against the euro,
186.00 against the pound, 165.00 against the franc, 104.00 against
the loonie, 93.00 against the aussie and 83.00 against the
kiwi.
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