The euro hit a record peak against the yen today and rose significantly against the dollar.
The move was seen by analysts as part of a broader push higher against major currencies, with markets positioning ahead of US data that could confirm the Federal Reserve's moderating growth outlook.
The euro was up around a quarter per cent against the yen at 149.80 yen earlier, having hit a record peak earlier of 149.97 - close to the psychologically important 150 yen level.
It had hit a record peak of 149.95 on electronic trading platform EBS during Asian trading overnight.
Against the dollar, the euro rose to $1.2805, up around 0.45 per cent.
The Japanese currency was also undermined by expectations the Bank of Japan will take its time raising interest rates, a factor weighing on the Japanese currency across the board.
Analysts said markets were likely to concentrate on economic events scheduled in the United States and Europe later this week, possibly shedding light on the path of monetary policy at the Federal Reserve and the European Central bank.
Investors will scrutinise the minutes of the Fed's meeting from August 8th for insight into why it left its funds rate at 5.25 per cent after boosting it 17 straight times in two years to June.
The market will also look to a batch of US economic data, including August payrolls on Friday and indications of price growth in the personal consumption expenditures index for July.