The Japanese yen came off from its early highs against the other major currencies ahead of European deals on Wednesday.
The yen was trading at 170.86 against the pound, 112.49 against the franc and 135.83 against the euro, off early highs of 170.09, 112.02 and 135.23, respectively.
The yen fell back to 107.37 against the greenback, from an early high of 107.03. The yen is thus edging closer to break its Asian session’s 2-day low of 107.40.
The yen reversed from its previous session’s highs of 92.96 against the aussie and 83.64 against the kiwi and edged down to 93.84 and 84.20, respectively.
The material has been provided by InstaForex Company – www.instaforex.com