Euro hits session lows vs dlr, stops triggered
LONDON, May 14 (Reuters) - The euro fell sharply against the dollar in early European trading on Wednesday, with automatic sell orders triggered by strong dollar buying interest versus Asian curencies, traders said.
By 0712 GMT, the euro had fallen to session lows at $1.5412, leaving it down a quarter percent on the day <EUR=>. "We are just going through stops around overnight lows, and the lows from yesterday, around the $1.5430-35 levels," said a trader in London, adding that there was also strong buying interest in the dollar versus Asian currencies.
(Reporting by Toni Vorobyova and Veronica Brown)
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