News Column

Yen Declines Against Most Majors

August 1, 2014



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

The yen declined to 102.99 against the greenback and 113.28 against the franc, reversing from early highs of 102.74 and 113.06, respectively.

The yen reversed from its early high of 137.56 against the euro, declining to more than a 2-week low of 137.85.

The yen is likely to find support around 103.5 against the greenback, 114.00 against the franc and 138.5 against the euro.



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Source: Alliance News


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