Euro falls to 9-mth low vs yen, dlr/yen at 1-mth low

 @ibtimes
on January 21 2010 9:13 PM

TOKYO, Jan 22 (Reuters) - The euro fell to its lowest in nine months against the yen on Friday and the yen strengthened across the board as investors cut yen-funded risky trades after U.S. President Obama announced plans to limit risk-taking at banks.

The euro fell as far as 126.55 yen, its weakest since late April, as the selling triggered stop loss orders.

The dollar dropped to 89.85 yen, its lowest since mid-December.

(Reporting by Satomi Noguchi)

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