The yen remained near a multi-year low against the U.S. dollar on Wednesday evening in New York. The yen moved lower following the release of revised data showing Japanese industrial output fell 0.2% on the month in April. The Japanese currency dropped into the mid-morning before stabilizing for several hours. It fell again in the early afternoon and touched 122.75 at 4:30 p.m., its lowest mark since November of 2002. The pair was at 122.67 at 6 p.m. ET.
The yen dropped against the pound throughout the day on Wednesday in New York and reached a multi-year low. The Japanese currency plunged at around midnight ET and added further losses over the next three hours. It bounced back slightly, but gave back those gains with a late-morning slump. The yen lost further in the afternoon and touched a multi-year low of 242.19 at 4 p.m. ET. The pair was at 241.86 at 6 p.m. ET.
The yen touched a six-day low against the euro on Wednesday in New York. The Japanese currency dropped in overnight hours off of a monthly high. It gained in the early morning but fell back even further over the next few hours. The yen dropped sharply again in the mid-afternoon and touched as low as 163.37 at 4:45 p.m. ET. The pair was at 163.21 at 6:30 p.m. ET.
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