Japan, the euro rose to buy euro-denominated debt stimulated
news Wednesday morning the euro strengthened against the dollar Tuesday, Japan promised to buy the bonds issued by European governments.
euro-dollar exchange rate rose from Monday's $ 1.2951 to $ 1.2962, the highest intraday rise to to $ 1.2990.
tracking dollar exchange rate of 6 other major currencies, the dollar index down from Monday's 80.87 points to 80.82 points. Down to 80.737 points intraday low.
Japan announced it would buy by the European Financial Stability Fund bonds issued this month.
Ye Tian Jiayan Japanese Finance Minister told a press conference, "As a major economy, Japan, European Financial Stability Fund to purchase part of the industry, enhanced investor confidence in the bond behavior is appropriate. He said Japan would buy the bonds The total circulation of more than 20% of the bonds.
