YEN AT RECOVERY TRAJECTORY, EURO FALLS

Highlights:

• The yen is at a three-year high against the euro while at a seven-week peak against the dollar.
• German High Court gave European Central Bank three months to justify purchases under its bond-buying program. This has an adverse effect on the value of the euro.
• The euro slumped to a one-week low of $1.0826.

The yen entered the trading market on Wednesday on a p....