The Euro falls after Spanish borrowing costs surge

Note: This section contains information in English only.
Source: Bloomberg
Thursday's, July 19, rise in Spanish borrowing costs caused immediate depreciation of the Euro. On Friday morning, July 20, European currency fell 0.2% against the US Dollar to USD 1.2252 per EUR. Loss in value versus the Yen also amounted to 0.2% leading to trading rate of JPY 96.30. In general, this week, the Euro fell 0.7% against the Japanese national currency and was little changed relative to the US Dollar.
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