The Euro took off and posted a 6-month high against a floundering Japanese Yen on Wednesday and also recouped some losses against the US Dollar in the process.
The strong movement on the Euro came after Euro Zone politicians beefed up efforts to reach a deal over aid for debt troubled Greece.
The Japanese Yen has been losing ground against its major rivals for weeks and also fell against the US Dollar yesterday, as further speculation that the Bank of Japan would come under political pressure to ease its already loose monetary policy further once again came to the fore.
The strong movement on the Euro came after Euro Zone politicians beefed up efforts to reach a deal over aid for debt troubled Greece.
The Japanese Yen has been losing ground against its major rivals for weeks and also fell against the US Dollar yesterday, as further speculation that the Bank of Japan would come under political pressure to ease its already loose monetary policy further once again came to the fore.
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