Euro rises to 33-month high versus yen, 14-mth peak vs dollar

LONDON Wed Jan 30, 2013 2:59pm IST

LONDON Jan 30 (Reuters) - The euro extended gains against the Japanese yen to rise to it highest since early May 2010, boosted by rising investor inflows into euro zone assets and expectations of more aggressive monetary easing by the Bank of Japan.

The euro rose 0.9 percent to 123.53 yen, its highest in 33 months and up nearly 8 percent since the start of the year.

Its gains against the yen also helped it to a fresh 14-month high against the dollar of $1.3528, rising past a reported option barrier at $1.3525.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

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