Euro falls against dollar

The euro fell against the US dollar on Monday with nervousness still present on global markets ahead of US existing homes data later in the day, dealers said.
The euro slipped to 1.3657 dollars from 1.3677 dollars late on Friday in New York.
The dollar fell to 116.25 yen from 116.41 yen late on Monday.
Global markets have been in turmoil in recent weeks over problems in the US subprime home loan market, where large numbers of borrowers with shaky credit histories have defaulted on mortgages.
Reaction to the uncertainty on the foreign exchange market has led the dollar and the yen to strengthen.