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Japanese Yen Reverses Back Against Majors

The Japanese yen reversed its direction and fell back against other major currencies ahead of the European session on Wednesday.

The yen is trading at multi-month lows of 82.12 against the greenback, 82.29 against the loonie, 130.63 against the pound and 85.12 against the aussie, compared to early highs of 81.66, 81.83, 130.05 and 84.56, respectively.

Against the euro, the yen is worth 104.79, thus nearing its Asian session's multi-month low of 105.09.

The yen is now trading at 86.98 against the franc, not far from its multi-month low of 87.24 hit in Asian deals.

The yen fell back against the NZ dollar also, hitting 66.89, just 2 pips away from early new multi-month low of 66.91.

by RTT Staff Writer

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