LONDON, March 28 The euro fell to a one-month
low versus the yen on Thursday as the single curency was
weighed down by concerns of capital outflows from the euro zone.
Cypriot banks open for the first time in almost two weeks
and there are some concerns of run on deposits. That along with
political problems in Italy and poor German employment data
dragged the euro against the Japanese currency.
Rising yields of Slovenian bonds also weighed on the euro.
The euro fell to 119.745 yen, down 0.8 percent on
the day, its lowest since Feb. 27 dropping past stop-loss orders
at 119.90 yen.