TOKYO: The Euro fell on Monday in Asian markets after the defeat of ruling parties in French and Greek elections, as investors worried about a knock-on effect on European austerity measures.

At 7:00 am in Tokyo (2200 GMT Sunday), the euro was at $1.3022, down from $1.3082 on Friday at 2100 GMT in New York.

Copyright AFP (Agence France-Presse), 2012