The yen has been extending its recent slide against the European majors in early European deals on Wednesday. The yen is now trading at a 6-day low of 124.31 against the pound and 2-day lows of 100.01 against the euro and 83.28 against the franc.
If the yen weakens further, it may target 100.5 against the euro, 83.5 against the franc and 125.0 against the pound.
by RTT Staff Writer
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