BRUSSELS (dpa-AFX) - The euro that rose above 100 level against the yen in late New York session on Thursday amid successful auctions of French and Spanish government bonds remained steady in early Asian deals on Friday. Spain and France joined the list of euro zone nations to conduct successful bond auctions in the days after S&P's mass downgrades last Friday. Demand was strong for the government debt, driving borrowing costs to more sustainable rates. The euro-yen pair that reached a 15-day high of 100.08 at 4:40 pm ET is currently worth 99.93.
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