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Forex News: Yen Slides Against Majors

Yen Slides Against Majors

07/19/2024 - 02:43:00 (RTTNews)

(RTTNews) - 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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