Euro hits 3-1/2 year high versus yen
LONDON, Sept 19
LONDON, Sept 19 (Reuters) - The euro rose to a 3-1/2 year high against the yen on Thursday, as the safe-haven Japanese currency came under fresh downward pressure as riskier assets and currencies rallied.
Stocks, commodities and higher-yielding currencies all rose after the Federal Reserve maintained its $85 billion monthly asset-buying programme, confounding expectations of a reduction by roughly $10 billion.
The euro rose to 133.985 yen on trading platform EBS, its highest level since early January 2010, and up 1.15 percent on the day.
The dollar was also up 1 percent against the yen at 98.85 yen, recovering from Wednesday's three-week low of 97.76 yen.
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