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Forex News: Yen Rises Against Majors

Yen Rises Against Majors

09/22/2017 - 01:08:00 (RTTNews)

(RTTNews) - The Japanese yen strengthened against other major currencies in the Asian session on Friday.

The yen rose to 2-day highs of 111.65 against the U.S. dollar and 90.67 against the Canadian dollar, from yesterday's closing quotes of 112.46 and 91.23, respectively.

Against the euro, the yen advanced to 133.50 from an early near 2-year high of 134.39.

Against the pound and the Swiss franc, the yen edged up to 151.63 and 115.45 from yesterday's closing quotes of 152.72 and 115.85, respectively.

If the yen extends its uptrend, it is likely to find resistance around 110.00 against the greenback, 89.00 against the loonie, 130.00 against the euro, 148.00 against the pound and 113.00 against the franc.

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