Install nearly 11 months high against the dollar on Monday in European economic confidence signs of recovery, expected more money, and the yen down to two and a half years low against the dollar, euro Japan loose policy.
Friday's data show that European Banks pay than expected the European central bank (ECB) in the debt crisis of the emergency loans borrowed, this suggests that their faith to enhance.
German business morale also improves in January to the highest, for the third consecutive month more than half a year, provide more evidence that Europe's largest economies are accelerating contraction, the end of last year.
Extraction euro $1.3459, in the United States last week late, but far less than the same level on Friday 11 months high of $1.3480 hit.
A single currency looks set face a series of major resistance level close to $1.35, including its $1.34869 in 2012 high, at 50% retracement bit, from May 2011 high low in July 2012 at $1.3492, and the important psychological $1.3500 digital.
, also help to euro, than the United States federal reserve, the European central bank monetary policy is relaxed perception.
"Although the fed still take loose policy stance, the European central bank is not the case. In fact, bank loans, the European central bank also means that the smaller the European central bank's balance sheet, said:" Japan bank traders.
"This could help the euro in the short-term monetary policy position difference," he said.
As investors have their money different port, the common currency arch of the euro against the yen against sterling, 13 months of high 21 months stay high, nearly eight months, high against the Australian dollars.
Against the yen, the dollar rose as high as as 122.90 yen, its 2011 high 123.33 be considered as a possible target. Against the pound, euro climbed to $85.48 pence.
The yen expanded its two-month slides, touch the dollar low two and a half years, because the market is expected to the Japanese government would promote aggressive monetary easing over deflation.
"This is because the Japanese politicians will try to belittle like crazy, yen, even if the bank of Japan has been what to do, and incremental expected, sera, sumitomo mitsui trust bank market economists said:" lingzi
The yen fell sharply, foreign eyebrow a speech, it is a currency war, and German chancellor Angela Merkel (Angela Merkel) to Japan's policy express concern.
But last weekend at davos said, the Japanese economy industry minister refused to criticize his country's special fiscal and monetary stimulus is the purpose of weakening the yen.
The dollar index rise as 91.26 yen, since June 2010, the highest level since 91.05 yen, year-on-year growth of 0.2%, from the level of late.
The yen's weakness because Treasury yields rise money closely negative correlation, and Japan's trade balance, after 2011 nuclear disaster become red.
Ten-year Treasury bonds rose last Friday, the global economic optimism. Wall Street stock market also rose, multiples on S&P 500 index. SPX hit a record high in five years.
In the United States bank traders said: "we have no reason to buy the yen now. I think we can see three Numbers (in dollar/yen exchange rate) this year,".
Pounds and soft, after Friday's data showed that British GDP last year in the last quarter, issued a larger than expected 0.3% contraction.
Pound fell 0.2% to $1.5760, and the nearby Friday five months, the low of $1.5745.
Traders also said that in Britain the members of the European Union, this is worrying, it can prevent foreign investment into the British prime minister David Cameron a referendum commitment, pounds hurt.
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