Policy

Euro Rises Against the Pound and Yen

Some fear a currency war

|


The euro has jumped against the British pound and the Japanese yen.

The move comes as France prepares to voice concerns about the strength of the euro at a meeting of eurozone finance ministers in Brussels.

French Finance Minister Pierre Moscovici is worried that the rising single currency is making the country's goods less competitive.

The euro has risen by 6% against a basket of other currencies in the past six months.