The yen rose sharply against the dollar, which was associated with the comments of the Japanese economy minister Akira Amari, who noted that an overly weak currency could damage the import and households. Note that the market participants are immediately perceived the news as "a call to action." However, many experts say that now the probability of further action to reduce the value of the yen slightly decreased.
The Swiss franc fell to a 13-month low against the euro, as there are more and more signs that the debt crisis in Europe is waning. Recall that with the improvement of the situation demand for the currency as a refuge sharply. Meanwhile, we note that the Swiss franc reached a level of 1.24 per euro for the first time since December 7, 2011.
The dollar rose against most major currencies, as many investors bought it as a safe asset. Note that the market participants are now pending the issue of the limits of public debt is not the solution of which can seriously harm the economy. U.S. Treasury Secretary Timothy Geithner said yesterday that the debt limit was reached on December 31, and "emergency funds", which are now used by countries to pay the bills, will last only until the beginning of March.
Geithner also warned of serious economic difficulties, if Congress does not approve raising the limit. Recall that in 1960 it had already increased 79 times.
Meanwhile, Fitch Ratings said today that the "failure" in the resolution of this issue may cause to revise the U.S. credit rating, which is currently at AAA.