News Column

Yen Extends Slide Against Some Majors

June 17, 2014

OTTAWA (Alliance News) - The Japanese yen continued its early decline against the pound, US and Canadian dollars in New York deals on Tuesday.

The yen fell to a 6-day low of 102.23 against the greenback and an 8-day low of 94.08 against the loonie. The yen slipped to 173.40 against the pound, its lowest since May 2.

The next possible downside target for the yen lies around 104.00 against the greenback, 95.00 against the loonie and 174.8 against the pound.

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Source: Alliance News

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