News Column

Yen Advances Against Majors

June 9, 2014

BRUSSELS (Alliance News) - The Japanese yen climbed against its major counterparts in Asian morning deals on Tuesday.

The yen climbed to a 4-day high of 102.34 against the greenback, bouncing off from an early low of 102.56. Against the franc and the euro, the yen hit 5-day highs of 114.07 and 139.09, respectively.

The yen rose to 172.03 against the pound, from an early low of 172.32.

The next possible upside target for the yen is seen around 171.5 against the pound, 101.5 against the greenback, 113.00 against the franc and 138.00 versus the euro.

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Source: Alliance News

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