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

The yen fell to 2-day lows of 123.08 against the euro, 111.18 against the Swiss franc and 74.26 against the NZ dollar, from yesterday's closing quotes of 122.86, 110.92 and 73.97, respectively.

The yen dropped to 161.42 against the pound, from an early 2-day high of 160.71.

Against the U.S. and the Australian dollars, the yen edged down to 110.00 and 79.49 from yesterday's closing quotes of 109.76 and 79.30, respectively.

If the yen extends its downtrend, it is likely to find support around 126.00 against the euro, 113.00 against the franc, 76.00 against the kiwi, 163.00 against the pound, 113.00 against the greenback and 82.00 against the aussie.

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