LONDON: The euro turned lower against the dollar and shed more than 1 per cent against the yen on Tuesday after European shares lost ground on talk of large German banks having been asked to split their investment banking operations.
The dollar also fell more than 1 per cent against the yen, extending losses to a session low of 88.47 yen after the Bank of Japan's monetary easing measures disappointing some who had geared up for a more aggressive response.
The euro fell 0.3 per cent to $1.32710 while the single currency fell 1.5 per cent to 117.47 yen.
