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- Rapidly declining yen against the dollar and the euro against the increase in risk appetite
Rapidly declining yen against the dollar and the euro against the increase in risk appetite
USD / JPY has updated the intraday maximum Y89.17, and the cross EUR / JPY rose to Y119.50 Spanish auction and the statements of Van Rompuy.
Support to the markets was the result of Spanish auction, according to which was marked by increased demand and a decrease in yield. The head of the EU Herman Van Rompuy said Europe should return to growth phase in 2013, which also supported the rally in the euro.
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