RTTN: Yen Hits New Multi-day High Against Most Majors
(RTTNews) - The Japanese yen has been extending its European morning session's gains against most major currencies in later deals on Friday.
Reports suggested that the European Central Bank will start buying government bonds only after Germany's Constitutional Court decides about the legality of Europe's permanent bailout fund.
The yen hit a 2-day high of 124.19 against the pound, 3-day highs of 98.00 against the euro and 81.62 against the franc with 123.5, 97.00 and 81.00 seen as the next resistance levels, respectively.
