Euro Falling As Syriza Projected To Win Greek Election

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The euro drove lower late Sunday as official Greek projections showed anti-austerity party Syriza likely to finish first, possibly with enough seats to form a government on its own, raising questions over Greece's future in the eurozone. By around 6:30 p.m. U.S. Eastern time, the euro was changing hands for $1.1127, a 0.7% loss for the day, according to FactSet. The currency pair was well off its $1.2400 level Friday, though still just above a more-than-11-year low of $1.1115 hit last week. Against the Japanese yen, the euro was off more than 1 percent for the day at �130.66, down from Friday's �132.45.

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