Friday, January 25, 2013

Reuters: US Dollar Report: Euro rises 1 percent on day versus yen

Reuters: US Dollar Report
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Euro rises 1 percent on day versus yen
Jan 25th 2013, 09:21

LONDON | Fri Jan 25, 2013 4:21am EST

LONDON Jan 25 (Reuters) - The euro rose 1 percent on the day against the yen on Friday, helped by better-than-expected German Ifo data and investors positioning for banks to repay the first part of ultra-cheap loans from the European Central Bank.

The euro rose to 122.19 yen on trading platform EBS, its highest level since mid-April 2011.

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