Yen low against Euro
Posted on December 30th, 2004 by Brian Turner
Although share prices across Asia have continued record rises, despite the weekend’s Indian Ocean quake disaster, fears of economic growth being dented in already recovering economies has left the Yen at a new low against the Euro.
The yen dropped to 141.60 against the euro, before rallying at 140.55 by the end of trading. Traders warn that the traditionally quieter Christmas trading period means that small movements can appear otherwise larger, and the Yen is expected to recover more ground over January.
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