The euro recorded its biggest monthly drop in a year against the yen and fell versus the dollar as concern Greece won’t be able to meet its debt obligations spurred a retreat from riskier assets.

 

Japanese currency-trading.ch/”title=”forex” >forex.com/category/yen/”title=”yen” >Yen to Gain as Carry Trades Unwind Amid Risk Aversion Fundamental Forecast for Japanese Yen: Bullish – Jobless Rate Declines as Labor Force Shrinks for Fourth Month – Retail Sales Disappoint as Consumer Confidence Flounders – Trade Surplus Swells as Exports See First Gain in 15 Months The Japanese Yen is likely to rise for the fifth consecutive week as increasingly acute risk aversion …

 

Jan. 30 (Bloomberg) — The euro recorded its biggest monthly drop in a year against the yen and fell versus the dollar as concern Greece won’t be able to meet its debt obligations spurred a retreat from riskier assets.