The Japanese yen extended previous session's slide against its major rivals on Thursday morning in New York.
The yen reached 76.47 against the NZ dollar around 9:50 am ET, its weakest level since August 2008.
The Japanese currency also slipped to a 6-day low of 144.27 against the pound around the same time.
The yen drifted weaker to 123.87 against the euro, 100.11 against the Swiss franc and 91.25 against the US dollar by 10:00 am ET.
The yen also lost ground against the resource-linked currencies, falling as low as 91.18 against the Canadian dollar and 95.06 against the Australian dollar around the same time.
On the downside, the yen may find support levels at 144.90/143.0 against the pound, 91.45/50 against the greenback, 101.50 against the Swiss franc, 91.60 against the Canadian dollar, 96.70 against the Australian dollar and 78.30 against the NZ dollar.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.