The euro ceded some ground Monday after his flight on Friday due to renewed confidence in the euro area, while the yen went back slightly after dropping more courses for more than two years against the dollar.
To 0730 GMT (0830 Paris), the euro bought 1.3446 dollars against 1.3457 dollars around 2200 GMT on Friday. The single European currency had risen to 1.3480 Friday session dollar, its highest level since February 29.
The euro fell against the Japanese currency to 122.01 yen against 122.28 yen Friday. The euro climbed earlier in the session to 122.91 yen, its highest level since April 2011.
The dollar also fell against the Japanese currency to 90.74 yen against 90.87 yen on Friday. The greenback rose to 91.26 yen at 4:50 GMT, its highest level since June 2010.
The European currency was backed Friday by higher levels than expected repayments of loans granted by the European Central Bank (ECB). As of Wednesday, 278 banking institutions and will reimburse the institution of 137.16 billion euros on borrowed 468 billion for three years in December 2011, a move that marks the return of some confidence according to analysts.
The euro was also supported by the publication Friday of a higher-than-expected in January Ifo index in Germany, the main barometer of business confidence in Europe's largest economy, which has increased the risk appetite investors
For its part, the yen, whose price has fallen since coming to power in December of a new Japanese executive, was always at the heart of the concerns of Asian investors last Tuesday after the announcements by the Bank of Japan (BoJ) to an additional monetary easing.
The institution has also decided to meet the pressing needs of the government signing an agreement stating an inflation target of 2%.
However, this collapse starts feeding the fears of Japan's trading partners who fear a new competitive devaluation to improve competitiveness. German Chancellor Angela Merkel expressed particularly in Davos last week his "concern" to the new Japanese economy.
Monday, Japanese Finance Minister Taro Aso has again rejected any idea of manipulating the yen. "The main priority is to get out of Japan an economic slowdown caused by deflation and the yen's decline is a consequence," he said, according to comments reported by Dow Jones Newswires.
To 0730 GMT, the British pound fell against the euro at 85.34 pence per euro, always evolving to its lowest level since December 2011, and against the greenback at 1.5755 dollar.
The Swiss franc fell against the euro at 1.2479 Swiss francs to one euro against the greenback at 0.9281 Swiss francs to the dollar.
To 0730 GMT (0830 Paris), the euro bought 1.3446 dollars against 1.3457 dollars around 2200 GMT on Friday. The single European currency had risen to 1.3480 Friday session dollar, its highest level since February 29.
The euro fell against the Japanese currency to 122.01 yen against 122.28 yen Friday. The euro climbed earlier in the session to 122.91 yen, its highest level since April 2011.
The dollar also fell against the Japanese currency to 90.74 yen against 90.87 yen on Friday. The greenback rose to 91.26 yen at 4:50 GMT, its highest level since June 2010.
The European currency was backed Friday by higher levels than expected repayments of loans granted by the European Central Bank (ECB). As of Wednesday, 278 banking institutions and will reimburse the institution of 137.16 billion euros on borrowed 468 billion for three years in December 2011, a move that marks the return of some confidence according to analysts.
The euro was also supported by the publication Friday of a higher-than-expected in January Ifo index in Germany, the main barometer of business confidence in Europe's largest economy, which has increased the risk appetite investors
For its part, the yen, whose price has fallen since coming to power in December of a new Japanese executive, was always at the heart of the concerns of Asian investors last Tuesday after the announcements by the Bank of Japan (BoJ) to an additional monetary easing.
The institution has also decided to meet the pressing needs of the government signing an agreement stating an inflation target of 2%.
However, this collapse starts feeding the fears of Japan's trading partners who fear a new competitive devaluation to improve competitiveness. German Chancellor Angela Merkel expressed particularly in Davos last week his "concern" to the new Japanese economy.
Monday, Japanese Finance Minister Taro Aso has again rejected any idea of manipulating the yen. "The main priority is to get out of Japan an economic slowdown caused by deflation and the yen's decline is a consequence," he said, according to comments reported by Dow Jones Newswires.
To 0730 GMT, the British pound fell against the euro at 85.34 pence per euro, always evolving to its lowest level since December 2011, and against the greenback at 1.5755 dollar.
The Swiss franc fell against the euro at 1.2479 Swiss francs to one euro against the greenback at 0.9281 Swiss francs to the dollar.
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