Thursday, January 3, 2013

Reuters: US Dollar Report: Euro falls more than 1 pct on day versus yen

Reuters: US Dollar Report
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Euro falls more than 1 pct on day versus yen
Jan 3rd 2013, 11:08

LONDON | Thu Jan 3, 2013 6:08am EST

LONDON Jan 3 (Reuters) - The euro fell more than one percent on the day against the yen on Thursday as investors booked profits and sold riskier and growth-linked currencies on concerns about the prospect of more U.S. budget negotations in coming weeks.

The euro lost 1.1 percent to hit a low of 113.795 yen, with traders reporting selling by a European bank. This brought it well below an one-and-a-half-year peak of 115.995 reached on Wednesday.

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