The Euro Sees 9-Year Low Vs. The Yen

The Euro Sees 9-Year Low Vs. The Yen Following the U.S. Non-Farm Payrolls publication on Friday, the Dollar and the Yen resumed their bullish trend. As a result, the Euro saw a 9-year low against the Yen, as the EUR/JPY pair dropped to the 108.06 level. This week's trading will continue to be influenced by the European debt crisis that doesn't provide signals of recovery. Can the Euro drop further?Economic NewsUSD – Positive Employment Data Strengthens the Dollar The Dollar rallied vs. most of the major currencies during last week's trading session. The Dollar continues to soar vs. the Euro, and the EUR/USD pair has dropped below the 1.900 level. The Dollar strengthened against the Yen and the Pound as well. The most significant data that was…