Euro dips in Asia on Portuguese bank woes
Saturday, 12 July 2014
TOKYO, July 11: Investors shifted out of the euro Friday and into the safety of the dollar and yen as a crisis at Portugal's largest listed bank revived fears about European debt. The euro fetched $1.3600 in Tokyo morning trade Friday, slightly down from $1.3609 late in New York and well down from 1.3640 earlier Thursday. The common currency also dipped to 137.84 yen from 137.88 yen in New York and 138.50 yen Thursday in Asia. The dollar was changing hands at 101.35 yen, against 101.32 yen.
— AF