The euro fell against the yen, following yesterday’s drop which was the biggest since June, amid corruption allegations against Spanish Premier Mariano Rajoy and uncertainty ahead of Italian elections this month.
The 17-nation currency halted this year’s climb against the dollar before European Central Bank policy makers meet on Feb. 7. The yen rose against most major peers as investors bought haven assets after Asian equities slid. Australia’s dollar fell after the central bank kept interest rates unchanged while saying the inflation outlook allows scope further easing.
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