Euro Declines Versus Dollar, Yen Amid European Funding Concerns

The euro weakened against its U.S. and Japanese counterparts on concern Europe’s sovereign borrowers and banks will struggle to raise funds.

The common currency slid 0.2 percent to $1.2921 and 99.13 yen at 10:29 a.m. in Tokyo from yesterday’s close in New York.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net

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