Loading...

Yen Slides Against Majors

RTTNews | 14 days ago

Yen Slides Against Majors

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

The yen fell to a 34-year low of 156.22 against the U.S. dollar, a 16-year low of 167.53 against the euro and a 9-year low of 195.33 against the pound, from yesterday's closing quotes of 156.65, 167.00 and 194.76, respectively.

The yen slipped to nearly a 2-month low of 171.08 against the Swiss franc, from yesterday's closing value of 170.59.

Against the Australia, the New Zealand and the Canadian dollars, the yen slid to nearly a 10-year low of 102.17, a 2-month low of 93.15 and a 17-year low of 114.42 from Thursday's closing quotes of 101.44, 95.27 and 113.96, respectively.

If the yen extends its downtrend, it is likely to find support around 158.00 against the greenback, 169.00 against the euro, 197.00 against the pound, 173.00 against the franc, 103.00 against the aussie, 94.00 against the kiwi and 115.00 against the loonie.

Tags: CHFJPY USDJPY EURJPY NZDJPY CADJPY AUDJPY GBPJPY

read more

U.S. Dollar Rises Ahead Of Inflation Data

U.S. Dollar Rises Ahead Of Inflation Data

The U.S. dollar was higher against its major counterparts in the New York session on Friday, as investors awaited the release of U.S. inflation data for April next week, which will guide the outlook for Fed rate cuts.

RTTNews | 4h 44min ago

Pound Rises As U.K. Exits Recession

Pound Rises As U.K. Exits Recession

The British pound strengthened against other major currencies in the pre-European session on Friday, after the U.K. economy exited a technical recession in the first quarter with the economic output growing better than expected led by a rebound in the services output and household spending.

RTTNews | 14h 46min ago

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the pre-European session on Friday.

RTTNews | 15h 23min ago

Euro Rises Against Most Majors

Euro Rises Against Most Majors

The euro firmed against its most major counterparts in the New York session on Thursday.

RTTNews | 1 day ago

U.S. Dollar Declines Amid Higher Jobless Claims

U.S. Dollar Declines Amid Higher Jobless Claims

The U.S. dollar fell against its major counterparts in the New York session on Thursday, as weekly jobless claims rose more than expected last week, the highest level since August 2023.

RTTNews | 1 day ago

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the late European session on Thursday.

RTTNews | 1 day ago

NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.

RTTNews | 1 day ago

Canadian Dollar Firms Against Majors

Canadian Dollar Firms Against Majors

The Canadian dollar strengthened against its major counterparts in the New York session on Wednesday.

RTTNews | 2 days ago

Terms | Privacy | Site Map | Site Map Calendar

© 2024 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.