Euro extends losses versus yen and dollar

NEW YORK Thu Feb 28, 2013 10:45am EST

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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.

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Comments (1)
lindleyper wrote:
Expect euro/use to dip below 1.2950 by New York close tomorrow.

Feb 28, 2013 12:59pm EST  --  Report as abuse
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