الخميس، 6 سبتمبر 2012

Euro rises to highest level in six weeks against the yen


The euro rose to its highest level in six weeks against the yen on Friday after the reinforced statements by German Chancellor Angela Merkel on Thursday expected to take action to address the debt crisis in Europe.

The dollar also rose to its highest level in five weeks against the yen boosted by higher government bond yields in the U.S. recently in the wake of strong economic data and the growing appetite for asset-risk what hurt Palin, who is considered a safe haven for value.

The euro rose 0.1 percent to 98.263 yen, its highest level since early July, extending gains after the average move in 55 days of 97.997 yen.

And will adopt the euro at 1.2352 dollars after rising earlier to 1.2375 dollars.

The dollar index, which measures the price against a basket of currencies of 0.1 percent to 82.457, but remained below its highest level in two weeks of $ 82.881, according to Reuters


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