RTTN:Yen Jumps To Multi-day Highs Against US, Canadian Dollars
The yen extended previous session's advance against the currencies of the U.S. and Canada just ahead of Wednesday's European session on increasing risk-aversion amid uncertainty over the Fed tapering.
The yen climbed to a 6-day high of 102.49 against the US dollar and a 2-day high of 96.57 against the Canadian dollar around 2:35 am ET. On the upside, the Japanese currency may find target levels at 96.15 against the loonie and 101.70 against the greenback.