uro reached its highest level in several months against the yen
because of the support resulting from the possibility to approve the
Loan Agreement Greek soon and without conditions. While there was heavy
selling of the euro in principle yesterday, German Chancellor said that
likely to reach agreement on Monday, which confirms the probability of
meeting the deadline for the Greek batch.
As reported from Tokyo at 12:03 Japan time, trading the EUR / JPY at 105.04 yen, achieving 0.1% of recent trading in New York, and earlier in the session, the pair traded at 106.27 yen, its highest level since 6 and a half months.
Earlier, trading USD / JPY at 82.59 yen rise on trading platform EBS, a level not seen the dollar since the beginning of April. Investors seem to give the Japanese yen great comfort on expectations that Japan’s new government will do whatever can be done to reduce the value of the yen.
Put Polls leader of the Liberal Democratic Party in the development of advanced significantly before elections Japanese which is scheduled to occur in mid-December, and the party had demanded unlimited facilitate operations on the currency until a specific reduction of inflation.
And EUR / USD is also the highest, where trading at 1.2846, recording progress of 0.1% and a significant increase of low yesterday at $ 1.2735. U.S. dollar under Ba pressure due to continued fears of the financial cliff.
As reported from Tokyo at 12:03 Japan time, trading the EUR / JPY at 105.04 yen, achieving 0.1% of recent trading in New York, and earlier in the session, the pair traded at 106.27 yen, its highest level since 6 and a half months.
Earlier, trading USD / JPY at 82.59 yen rise on trading platform EBS, a level not seen the dollar since the beginning of April. Investors seem to give the Japanese yen great comfort on expectations that Japan’s new government will do whatever can be done to reduce the value of the yen.
Put Polls leader of the Liberal Democratic Party in the development of advanced significantly before elections Japanese which is scheduled to occur in mid-December, and the party had demanded unlimited facilitate operations on the currency until a specific reduction of inflation.
And EUR / USD is also the highest, where trading at 1.2846, recording progress of 0.1% and a significant increase of low yesterday at $ 1.2735. U.S. dollar under Ba pressure due to continued fears of the financial cliff.
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