Euro sees swift drop vs. Japanese yen

Posted by Forexsq 512 days ago (http://www.marketwatch.com)
img The euro extended its loss against the Japanese yen Monday afternoon, with the shared currency seeing a swift decline of more than 2% to trade at its lowest level in more than six weeks. The euro EURJPY -4.3960% recently fell to ¥121.47. It settled at ¥123.12 on Friday. The euro had already been under pressure as early polling from Italy's general election signaled former Prime Minister Silvio Berlusconi's alliance could win in the Senate. The dollar USDJPY -3.3886% also fell against the yen, down 1.6% at ¥92.79.

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