On Monday, the 17-nation currency was lower versus the Japanese Yen for the fifth consecutive day, as investors were focused on upcoming report on German business confidence, which is expected to be the lowest in two years. The Euro fell 0.3% and reached 101.19 Japanese Yen by 8:23 a.m. London time. Earlier, it hit a level of 100.87 Yen, which was the lowest since September 14.