LONDON Jan 30 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.
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India Inc is about to post another quarter of degrowth at the end of this earnings season and it will be an uphill task for the government to instil confidence in the India story. With “Make in India” week launched in Mumbai, we could hear some market-cheering announcements from the government. Article