News Column

Yen Advances Against Most Majors

May 9, 2014

BRUSSELS (Alliance News) - The Japanese yen climbed against most major currencies in European deals on Friday.

The yen advanced to 115.11 against the franc for the first time since April 8 and a 3-week high of 140.30 against the euro.

Reversing from an early low of 172.30 against the pound, the yen advanced to an 11-day high of 171.60.

The yen is likely to find resistance around 114.00 against the franc, 139.00 against the euro and 170.00 against the pound.

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Source: Alliance News

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