The dollar continued to weaken against major currencies today, falling below 100 yen at one point during the Tokyo trading session.

Analysts said the dollar is expected to decline further as investors lose confidence in the U.S. economy.

The dollar changed hands at 100.68 yen, after touching 99.77 yen, the weakest level since October 1995. The dollar traded at $1.5613 per euro in Tokyo, the weakest since the European currency's debut in 1999.

The weaker dollar is generally good for tourism because it increases the purchasing power of foreigners when they convert their home currency into dollars.