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Yen Slides Sharply Against Majors

The Japanese yen staged a sharp fall against major rivals at about 2:45 pm ET Friday. As of now, the yen is trading near a fresh multi-month low of 81.82 versus the US dollar, compared to Thursday's closing value of 81.13.

The yen is currently worth 108.02 against the euro, 89.53 versus the Swiss franc, 129.55 against the British pound, 87.87 versus the Australian dollar and 67.90 against the NZ dollar from early highs of 107.60, 89.21, 129.18, 87.57 and 67.64, respectively.

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Support and resistance levels

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May 28 at 14:53 UTC