Euro sinks as safe havens rally after terror attacks

TOKYO: The euro fell against its major peers in Asia on Monday as dealers shifted back to safer investments after the deadly weekend terror attacks in Paris reinforced concerns about the impact on the already struggling eurozone economy.

The risk-off mood, also stoked by fresh data showing that Japan’s economy slipped back into recession in the third quarter, weighed especially on the euro as foreign exchange markets opened for the first time since the attacks that killed at least 129 people.