Yen Climbs To Fresh 5-week Highs Against Euro And Swiss Franc

Yen Climbs To Fresh 5-week Highs Against Euro And Swiss Franc


The Japanese yen rallied across the board on Wednesday morning in Asia.
The yen is presently trading at 5-week highs of 97.12 against the euro and 80.88 against the Swiss franc, compared to Tuesday's late New York session closing values of 97.25 and 80.99, respectively.
On the upside, the Japanese currency may find target levels at 96.80 against the common currency and 80.60 against the Switzerland unit.
The yen also jumped to a 12-day high of 77.50 against the Canadian dollar and 62.91 against the NZ dollar. The next likely resistance levels for the yen are seen at 77.10 against the loonie and 82.70 against the kiwi.
The yen tested yesterday's highs against the dollar, pound and the aussie on Wednesday morning in Asia, rising as much as 79.25, 122.99 and 80.72, respectively.


More FOREX-news on pages InstaForex.Com