Euro rises to near 8-month high versus yen
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.
- Tweet this
- Share this
- Digg this
Trending On Reuters
South Asian leaders will pile pressure on Pakistan on Thursday to salvage a summit in Nepal by agreeing to electricity sharing and the free movement of vehicles across borders, measures aimed at boosting trade among nearly a quarter of the world's people. Full Article
Disputes over land for industry on the rise in India, angering locals - charities Full Article