Euro rises to 21-month high versus yen

LONDON Wed Jan 30, 2013 1:09pm IST

LONDON Jan 30 (Reuters) - The euro rose to a 21-month high against the yen on Wednesday, with the single currency bolstered by easing worries about the euro zone and renewed investors flows into the region's assets.

The euro rose 0.4 percent to 122.95 yen, holding just below a reported option barrier at 123 yen.

Earlier, the euro rose to a 14-month high against the dollar of $1.3516, with near term resistance seen near its 200-week moving average of $1.3526.

Traders cited an option barrier at $1.3525.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS EXCLUSIVE

REUTERS SHOWCASE

iOS 8 Issue

iOS 8 Issue

iOS 8 causing Bluetooth connectivity issues - Apple news blog  Full Article 

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Full Coverage 

NYT Job Cut

NYT Job Cut

New York Times to cut jobs as new products disappoint  Full Article 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Monetary Policy

Monetary Policy

RBI not biased towards either raising or cutting rates - Rajan  Full Article 

Weak Demand

Weak Demand

Weak demand hits factory activity across Asia, Europe  Full Article 

Pimco Fund

Pimco Fund

Pimco Total Return Fund posts record $23.5 bln net outflow in Sept  Full Article 

Hopeful of Profit

Hopeful of Profit

GM sees first European profit in 2016 after years of losses  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage