EUR still Strong againts JPY

EUR still Strong againts JPY. The EUR barely get a third weekly gain against the JPY, and was touching the strongest level in five years, ahead of the release of a report that may show inflation in Europe gradually improved, while oil fell.

The EUR hit ¥139.71, and it is the strongest level since October 2008, and was little changed at ¥139.16 at 07:11 in London. The Euro Stoxx 50 Index and the MSCI Asia Pacific Index was little changed after the benchmark Asia decreased by 0.4 %. Standard & Poor's 500 Index rose 0.2 % from November 27. West Texas Intermediate crude oil fell 0.1 %, leading the third monthly decline, and it is the longest losing streak since 2009. Silver rose 0.3 %.

Consumer prices in the euro zone may be increased in November, after the release of a report showing prices in Japan rose to the highest level in 15 years and that means Prime Minister Shinzo Abe has been making progress in the fight against deflation. The European Central Bank will discuss about interest rates next week.

The EUR rose nearly 1.4 % to demonstrate against the JPY this week and jumped 4.2 % this month, and it is the sharpest rise since April. The EUR was little changed against the dollar at $ 1.3611 after rising 0.2 % yesterday.