Wednesday, May 2, 2012

Reuters: US Dollar Report: Euro falls to 2-week low vs yen

Reuters: US Dollar Report
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Euro falls to 2-week low vs yen
May 2nd 2012, 11:07

LONDON | Wed May 2, 2012 7:07am EDT

LONDON May 2 (Reuters) - The euro fell to its lowest in two weeks against the Japanese yen on Wednesday, pressured after data showed a deepening contraction in euro zone manufacturing activity in April.

The euro fell to 105.43 yen, its weakest since April 17, stopping around its 200-day moving average at 105.45 yen. Further falls could see it target the mid-April low of 104.62 yen.

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