LONDON Jan 30 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.
Trending On Reuters
What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read