Yen Slides Against Majors
July 18 2024 - 9:43PM
RTTF2
The Japanese yen weakened against other major currencies in the
Asian session on Friday.
The yen fell to a 1-week low of 177.52 against the Swiss franc,
from yesterday's closing value of 177.25.
Against the euro, the pound and the Canadian dollar, the yen
slipped to 2-day lows of 171.88, 204.23 and 115.17 from yesterday's
closing quotes of 171.44, 203.67 and 114.79, respectively.
If the yen extends its downtrend, it is likely to find support
around 181.00 against the franc, 176.00 against the euro, 210.00
against the pound and 118.00 against the loonie.
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