Euro rises to near 8-month high versus yen

LONDON Wed Dec 12, 2012 4:13pm IST

LONDON Dec 12 (Reuters) - The euro rose to its highest in nearly eight months on Wednesday, with the Japanese currency under broad pressure on talk of more aggressive monetary easing after a likely victory of the Liberal Democratic Party in an election on Sunday.

The euro rose 0.6 percent to 107.975, its highest level since mid-April. Traders cited option barriers at 108 yen and 108.25 yen.

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