Yen Hits One-Year High Against Euro as French Debt Fears Grow

📡 Barrons yesterday · 1 min read ·

Part of composite article Yen and Treasuries Surge as French Debt Fears and Tech Selloff Send Investors Running for Cover View full article →

The Japanese yen reached its strongest level in a year against the euro on [date], as investors moved money into the currency, seen as a safe haven, due to worries about French debt. Concerns over France's debt situation led investors to seek the relative safety of the yen. This drove the currency to its highest point against the euro in twelve months.