Yen trades close to 4-month low versus Euro

Note: This section contains information in English only.
Source: Bloomberg
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Japanese currency depreciated sharply on Monday and was trading close to 4-month record low on improved sentiment Euro Zone will resolve region's crisis and US kept showing signs of recovery. Moreover China signalled it might provide funding for containing debt turmoil through IMF and G-20 said they will involve in case Europe creates substantial financial firewall in two months. Yen weakened to JPY 109.07 per Euro in Asian trade. Currently EUR/JPY is trading at JPY 108.99.

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