Yen Gains Against Euro as Stock Declines Spur Demand for Safety

Dec. 4 (Bloomberg) -- The yen rose against the euro, ending three days of losses, as a decline in Asian stocks spurred demand for the relative safety of Japan’s currency.

The yen climbed to 132.69 per euro as of 9:29 a.m. in Tokyo from 132.87 yesterday in New York. Japan’s currency advanced to 88.12 per dollar from 88.26. The dollar traded at $1.5062 per euro from $1.5053.