Following Monday's drop, the euro tumbled once again against major currencies of the world on Tuesday due to political uncertainty in Italy and Spain.
The 17-nation currency dropped against the Japanese Yen and the US dollar in Tokyo. The euro slipped 0.2 per cent to 124.55 Yen as of 12:34 p. m. in Tokyo. Yesterday, the euro had tumbled 1.4 per cent, the most since 25th of June. It declined 0.2 per cent at US$1.3490.
The Japanese currency remained little changed at US$92.35, following yesterday's falling to as low as 93.18 a dollar.