Monday, October 8, 2012

Reuters: US Dollar Report: Euro falls 1 percent versus Japanese yen

Reuters: US Dollar Report
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Euro falls 1 percent versus Japanese yen
Oct 8th 2012, 07:43

LONDON | Mon Oct 8, 2012 3:43am EDT

LONDON Oct 8 (Reuters) - The euro fell 1 percent to a session low of 101.490 yen on Monday as traders cited selling by a U.S. investment bank, triggering stops below the 200 day moving average.

The euro was later down 0.9 percent at 101.570 yen, with safe-haven currencies getting a boost from growing worries about the global economic recovery.

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