Investors move obvious from the European common currency on the yen. The euro may unable to recover from his fall at the beginning of the trading week. The US dollar is rising start of the week in most pairs.
Euro crisis is not yet at the peak
The resurgent Euro crisis, by the upcoming elections in Greece, could worsen in the coming weeks until the election even further. Although the political side expresses an exit of Greek from the common currency has lost its scare, analysts still see the risk of infecting other crisis countries within the euro zone. So fight e.g. Spain and Portugal to continue with an extremely high unemployment, and austerity of the respective governments met with strong resistance in the population. A Greek exit, and the termination of the austerity measures could increase pressure on governments, thus bring an exacerbating the euro crisis.
Yen is apparently seen as an alternative
Even if the Japanese economy continues to struggle with a weak inflation and low growth, investors see the yen well as the "safe harbor" against the euro, and also to falling oil prices, the yen is a clear alternative. This can be seen clearly today in the quotes of the individual Yen pairings in which the Japanese currency is rise consistently. So it falls against the US dollar again at currently 0,83 perecent, and the British pound and the euro against the yen currently losing 1.37 and 1,39 percent.
Also, the price of gold rises again today, and is currently with $ 1,199 just below the mark of 1,200 US dollars.
US dollar continues with profits, also the rubles continue to rise
The US dollar continues its trend of recent weeks, and today it rises in most pairings. So it increase against the euro is currently 0.57%, at $ 1.1938, and against the British pound 0.596%, bei1,5238. The Russian ruble may increase again despite a further decline in oil prices today. Against the dollar, the ruble rises to 1.12% currently, at 59,732, and against the JPY 1,92% at 0.4997.