euro

The euro edged down from two-week highs and shares weakened on Monday as political developments in France and the Netherlands raised fears about the region's commitment to tackle its ongoing debt crisis.
The single currency stood at $1.3189, down from Friday's peak of $1.3225 after French President Nicolas Sarkozy came second to Socialist challenger Francois Hollande in the first round of the presidential elections, and a budget crisis erupted in the Netherlands that could bring down the government.