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InstaForex Loprais Team - Official participant of the Dakar rally

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InstaForex Loprais Team - Official participant of the Dakar rally

2016.09.2702:35:00UTC+00Yen Falls Against Majors

The Japanese yen drifted lower against its major counterparts in pre-European deals on Tuesday.

The yen dropped to 100.99 against the greenback, 104.14 against the Swiss franc and 131.22 against the pound, off its early near 5-week high of 100.09, 5-day high of 103.19 and a 6-week high of 129.63, respectively.

The yen fell to a 5-day low of 73.79 against the kiwi, 4-day low of 113.57 against the euro and a 6-day low of 77.50 against the aussie, from its early high of 72.70, 5-day high of 112.48 and a 6-day high of 76.19, respectively.

The yen slid to 76.69 against the loonie, reversing from its early more than 4-year high of 75.41.

If the yen weakens further, it may find support around 102.00 against the greenback, 105.00 against the franc, 133.00 against the pound, 115.00 against the euro, 79.00 against the aussie, 75.00 against the kiwi and 78.00 against the loonie.

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