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Euro extends losses after German coalition talks break down

Published 20/11/2017, 10:54 am
Updated 20/11/2017, 11:00 am
© Reuters.  Euro extends losses after German coalition talks break down

© Reuters. Euro extends losses after German coalition talks break down

SINGAPORE, Nov 20 (Reuters) - The euro extended its losses and hit a two-month low against the yen in Asian trade on Monday, after talks among four German parties seeking to form a coalition government following an election that weakened Chancellor Angela Merkel broke down. the yen, the euro touched a low of 131.16 yen EURJPY=R , its weakest level since mid-September, and was last down 0.6 percent at 131.39 yen.

The euro slipped 0.5 percent versus the dollar to $1.1735 EUR= , dipping from a one-month high of $1.1862 set on Wednesday last week.

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