Sponsored Links
Euro extends losses versus yen and dollar
NEW YORK |
NEW YORK Feb 28 (Reuters) - The euro extended losses against the Japanese yen and U.S. dollar on Thursday as month-end positioning and fears about a political stalemate in Italy prompted investors to shed holdings of the currency.
The euro last traded at 120.74 yen, down 0.4 percent on the day. It had hit a session low of 120.59.
The euro last traded at $1.3078, down 0.5 percent on the day. It had hit a session low of $1.3074, according to Reuters data.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
lindleyper wrote:
Expect euro/use to dip below 1.2950 by New York close tomorrow.
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters