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2018.10.1902:57:00UTC+00Yen Weakens Against Majors

The Japanese yen slipped against its key counterparts in pre-European deals on Friday.

The yen dropped to 112.52 against the greenback and 129.03 against the euro, from its early highs of 112.14 and 128.45, respectively.

Reversing from its early highs of 112.59 against the franc and 146.00 against the pound, the yen weakened to 112.93 and 146.58, respectively.

The yen edged down to 86.15 against the loonie, 80.10 against the aussie and 73.93 against the kiwi, off its early highs of 85.71 and 79.54, and a 3-day high of 73.18, respectively.

The next possible support for the yen is seen around 114.00 against the greenback, 131.00 against the euro, 114.00 against the franc, 148.00 against the pound, 87.5 against the loonie, 82.00 against the aussie and 75.00 against the kiwi.

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