Business Recorder - Markets - Financial https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 08:40:52 +0500 Thu, 13 Aug 2026 08:40:52 +0500 60 Euro rises to 10-month high versus yen https://www.brecorder.com/news/9372/euro-rises-to-10-month-high-versus-yen <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/mar/euro-note-500.jpg" width="400" height="205" />LONDON: The euro rose to a 10-month high versus a broadly weaker yen on Wednesday, on expectations that euro zone interest rates will rise in April, in contrast to forecasts for a prolonged period of monetary easing in Japan.</p> <p class="MsoPlainText">The euro rose to 117.01 yen, according to Reuters data, its highest since May 2010. Traders said system accounts were being forced to sell yen against most of the major currencies, including the dollar, which traded at three-week highs of 83.14 yen</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> LONDON: The euro rose to a 10-month high versus a broadly weaker yen on Wednesday, on expectations that euro zone interest rates will rise in April, in contrast to forecasts for a prolonged period of monetary easing in Japan.

The euro rose to 117.01 yen, according to Reuters data, its highest since May 2010. Traders said system accounts were being forced to sell yen against most of the major currencies, including the dollar, which traded at three-week highs of 83.14 yen

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/9372 Wed, 30 Mar 2011 07:38:28 +0500 none@none.com (Abdul Ahad)