Dollar tumbles against euro after Obama win

TOKYO: The dollar tumbled against the euro in Asian forex trading after President Barack Obama won a second term following a nail-biter White House race.

The euro bought $1.2869 in Tokyo, up from $1.2788 earlier Wednesday and $1.2814 in New York late Tuesday. The greenback was also weaker against the yen, at 80.03 yen compared with 80.34 yen in New York.