The U.S. dollar fell to the upper
The euro was quoted at
In addition to the crisis in
"Risky areas have broadened. It's difficult not to become risk-off in this situation," he said.
A fall in
The 225-issue Nikkei Stock Average tumbled 164.55 points, or 1.09 percent, from Friday to 14,933.29, its lowest finish in about two weeks.
The dollar's decline to the
But trading was relatively slow as market players refrained from making bold bets before the Federal Reserve's two-day policy meeting starting Tuesday, dealers said.
It is widely expected that the Fed will decide to further slow the pace of its stimulus spending and market players will be looking for hints as to when the Fed will start raising interest rates, said
"We've seen not only falls in the (U.S.) unemployment rate but also pickups in prices recently. How the Fed will take into account these factors will be the biggest point to watch," he said.
Most Popular Stories
- Homeowners More Satisfied With Mortgage Servicers
- House Shelves Immigration Bill, Goes on Vacation
- Why Samsung Shares Plunged in the April-June Quarter
- House GOP Leaders Abandon Immigrant Bill
- What Hamas and Israel Hope to Gain in Gaza
- Notorious RBG Tells All in Couric Interview
- NASA Plans to Make Oxygen on Mars
- Ford Tremor: Easy to Park, Hard to Pay For
- Wisconsin Supreme Court: Voter IDs Must Be Free
- Market Loses All of July's Gains in One Day