Sharp lowering in Japanese yen against majors was arrested on Friday morning. Euro remained relatively stable in the morning, slightly below 1.2900, after it reached its 3-weeks high at 1.2898 yesterday. The single currency was supported with the speech of Olli Rehn – the Economic Affairs Commissioner, saying that Greece had done everything necessary to get the next tranche of aid and approval of granting it by international creditors next Monday.
EURUSD, daily chart