The Japanese Yen climb hard overnight as funds and model selling drove down the euro to ¥130.31, its lowest level in at least three weeks.The yen rose against the AUD to ¥84.09 while against the pound it rose to ¥148.09.
EUR – While a German government official was soon to deny the resignation rumors.
The harm to the euro was already entrenched as Asian markets sent it headlong down the mineshaft triggering stops and encouraging model fund selling.
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