The euro powered to a record high against the yen today on expectations of a widening interest rate gap between the euro zone and Japan.
Recent weak US data also helped the single currency to a two-month high against the dollar.
Earlier this morning the euro had risen as high as 149.26 yen, up half a per cent from the US close and its highest since the euro was launched in 1999.
Against the dollar the single currency later hit a two-month high above $1.2912, after data on Friday showing a fall in US consumer sentiment boosted expectations the Federal Reserve might leave interest rates unchanged again next month.
The European Central Bank raised interest rates to 3 per cent earlier this month and signalled more rate rises are on the cards, with the market expecting one or two more this year.
The Bank of Japan has stressed that it will take its time raising rates further after lifting them to 0.25 per cent last month, the first rise in six years.
The euro has climbed more than 1.5 per cent against the yen in August. The dollar steadied against the yen at 115.76 yen.