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2016.08.1710:15:00UTC+00Yen Off Lows Against Majors

The Japanese yen came off from its early lows against its key counterparts in early New York deals on Wednesday.

The yen rebounded to 101.16 against the greenback, 104.32 against the franc, 113.24 against the euro and 130.67 against the pound, from its early low of 100.51, more than 2-week low of 104.99, 5-day lows of 113.93 and 131.81, respectively.

The yen advanced to a 2-week high of 76.51 against the aussie and a 9-day high of 72.43 against the kiwi, off its early low of 77.56 and 5-day low of 73.43, respectively.

The yen reversed from an early 5-day low of 78.53 against the loonie, edging higher to 77.91.

If the yen rises further, it may find resistance around 97.00 against the greenback, 100.00 against the franc, 110.00 against the euro, 127.00 against the pound, 75.00 against the aussie, 71.00 against the kiwi and 76.00 against the loonie.

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