The Japanese yen weakened against the other major currencies in the Asian session on Thursday.

The yen fell to 124.24 against the U.S. dollar for the first time since December 2002, from yesterday's closing value of 123.60.

Against the pound, the yen dropped to 190.69 for the first time since September 2008 from yesterday's closing value of 189.76.

The yen slipped to near 2-week lows of 130.90 against the Swiss franc and 99.65 against the Canadian dollar, from yesterday's closing quotes of 130.17 and 99.26, respectively.

Against the euro, the yen declined to a 9-day low of 135.39 from yesterday's closing value of 134.77.

If the yen extends its downtrend, it is likely to find support around 126.00 against the greenback, 192.50 against the pound, 135.00 against the franc, 100.50 against the loonie and 138.00 against the euro.

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