Euro and Yen !!!!

Euro is finding itself loosing against the Dollar , and it may further more deteriorate with reports of slowing growth dampening inflation hence reducing the chances of the European Central Bank from raising interest rates into 2007.Whereas , on the other hand , Euro is in a much better position when compared to the Yen . This year the Euro has risenmore than 7 percent against the Yen , the driving force being the varied interest rates between the two currencies. If, the Euro is weak against the Dollar, The yen seems to be ever weaker than the Euro , I feel that the Yen and Euro will decline as both these currencies are being sold heavily in the market .