Dollar, euro hit session lows vs yen on fresh quake


LONDON, April 11 | Mon Apr 11, 2011 4:29am EDT

LONDON, April 11 – The dollar and the euro hit session lows against the yen on Monday on reports of another strong earthquake hitting the north east of Japan, triggering a tsunami warning.

The dollar JPY= lost around 15 pips to hit a session low around 84.59 yen, while the euro EURJPY=R lost 20 pips to drop to 122.22 yen, according to Reuters data, as investors cut stretched long positions in riskier currencies.

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