Home »Markets » FXMM » Europe » Euro falls more than 1pc on day versus yen

euro-LONDON: 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 US 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.

 

Center>Copyright Reuters, 2013

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