News Column

Yen Declines Against Majors

June 16, 2014

OTTAWA (Alliance News) - The Japanese yen lost ground against its key counterparts in Asian deals on Tuesday.

The yen fell to 4-day lows of 138.45 against the euro, 113.64 against the franc and 94.02 against the loonie.

The yen dropped to 173.13 against the pound and 102.06 against the greenback, compared to yesterday's closing values of 172.88 and 101.82, respectively.

If the yen declines further, it may find support around 102.5 against the greenback, 114.00 against the franc, 174.00 against the pound, 139.5 against the euro and 94.7 against the loonie.

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Source: Alliance News

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