Newswire

Euro falls 1 pct vs yen in broad decline

NEW YORK, April 23 (Reuters) - The euro fell from a one-month high against the yen on Friday, losing 1 percent as euro weakness against the dollar brought on by strong U.S. economic data influenced its drop vs. the Japanese currency.

The euro traded at 128.95 yen after having been as high as 131.02 yen, according to Reuters data.

Earlier, the yen dropped briefly after German-American carmaker DaimlerChrysler said it would sell its 37 percent stake in Mitsubishi , worth around 175 billion yen.

The euro fell sharply against the dollar, hitting a session low $1.1819 , off roughly 0.70 percent on the day after U.S. durable goods data for March rose a 3.4 percent, well above expecations for a 0.8 percent increase.