Yen Edges Down Against Majors

Yen Edges Down Against Majors

The Japanese yen ticked down against other major currencies in early Asian deals on Tuesday.

The yen is now trading at 100.80 against the euro and 83.32 against the franc and the yen is likely to find downside target levels at 101.5 and 84.00, respectively.

Against the greenback and the pound, the yen dropped to as low as 78.11 and 126.05 with 78.5 and 127.00 seen as the support levels, respectively.

The Japanese currency also weakened to 81.01 against the aussie, 79.59 against the loonie and 64.74 against the kiwi.