Reuters: US Dollar Report: Euro rises to 2-month high against yen, Aussie firms

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Euro rises to 2-month high against yen, Aussie firms Sep 12th 2012, 08:52 LONDON, Sept 12 | Wed Sep 12, 2012 4:52am EDT LONDON, Sept 12 (Reuters) - The euro rose to its highest in more than two months against the Japanese yen on Wednesday after Germany's Constitutional Court allowed the euro zone's new bailout fund to be ratified under certain conditions. The euro rose to 100.460 yen on EBS trading platform, its strongest since July 4. More gains could see it target the late June high of 101.63 yen. However, traders said its rise could be limited due to reported Japanese exporter offers around 100.50 yen. The higher-yielding Australian dollar also rose to a three-week high against the U.S. dollar of $1.0500, tracking broad gains in riskier assets and currencies.

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