Japanese markets down by more than one percent

(22 May 2008) 1. Close-up of monitor showing -164.03 at Tokyo Stock Exchange 2. Mid shot monitor 3. Wide shot monitor 4. Close-up monitor 5. Mid shot monitor 6. Various trading floor 7. Mid shot display STORYLINE: Tokyo stocks fell on Thursday morning as the US dollar fell against the yen. Japan's Nikkei 225 ended morning trading down 164.03 points, or 1.18 percent. The US dollar has fallen against the euro and other major currencies as oil has soared to a new record of more than 133 US dollars a barrel. The US Federal Reserve has forecast a softening economy and higher unemployment in 2008. The US dollar had been unchanged at 104.17 Japanese yen, but in later trading fell to 102.97 yen. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter:   / ap_archive   Facebook:   / aparchives   ​​ Instagram:   / apnews   You can license this story through AP Archive: http://www.aparchive.com/metadata/you...