Euro almost at 4-year high versus Yen after Draghi's speech

Source: WBP Online
The Eurozone shared currency rocketed at fastest pace almost reaching its 4-year high level versus Yen, after the ECB president Mario Draghi didn't confirm the plans to introduce negative deposit rates, stressing that record-low 0.25% interest rate was not aimed to reduce the inflation risks and the 17-nation economy improves gradually reaching its under 2% inflation target. The Euro appreciated 0.98% to 135.71 Yen at 1:09 p.m. CET time, approaching its 4-year high level of 135.96 Yen.

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