(Bloomberg) -- The yen rose to the highest in a
month against the euro and gained versus the dollar as declines
in European stocks and U.S. stock-index futures prompted
investors to unwind carry trades.
The Japanese currency rose to 164.83 per euro as of 7:08
a.m. in New York, from 165.34 late yesterday. It also rose to
120.16 against the dollar, from 120.50, approaching a 2 1/2-month
high of 119.81 reached July 25.
Read more at Bloomberg Currencies News
month against the euro and gained versus the dollar as declines
in European stocks and U.S. stock-index futures prompted
investors to unwind carry trades.
The Japanese currency rose to 164.83 per euro as of 7:08
a.m. in New York, from 165.34 late yesterday. It also rose to
120.16 against the dollar, from 120.50, approaching a 2 1/2-month
high of 119.81 reached July 25.
Read more at Bloomberg Currencies News
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