The yen decreases to the less level

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The yen fell to the less level in eight months and half of the months in front of the dollar on Tuesday the effect of strong economic data in The United States she increased the investors expectations with raising the interest rates this year .
The euro approached the less level in a year with the growth of the fears regarding the success of the financial aid plan to Greece and settled the Australian dollar is high before an expected increase in the interest rates .
The dollar 0.4 rose percent to 94.98 yens which are a level above since August 24 the going Ib . Later he settled near 94.90 yens .
The Ministry of Commerce mentioned on Monday that the transformational industries, in The United States, scored the fastest growth rate in about six years in April and the American consumer spending that represents rose more than two thirds of American economic activity in March for the sixth month in succession .
Also the yen retreated in front of the euro and the Australian dollar .
1.3195 dollars without a change about the closing price in New York scored the euro where 0.7 decreased percent .
And it is expected that the dealings are light due to the closure of the market in Tokyo on Tuesday .
The source : Reuters

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