Reuters: US Dollar Report: Euro extends falls, loses 1 pct on day vs yen

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Euro extends falls, loses 1 pct on day vs yen May 30th 2012, 09:41 LONDON | Wed May 30, 2012 5:41am EDT LONDON May 30 (Reuters) - The euro extended losses on Wednesday, falling 1 percent on the day against the safe-haven Japanese yen as Spanish banking sector worries intensified and after borrowing costs for Italy rose sharply at an auction of government debt. It also dropped to a fresh low against the dollar of $1.2433, its weakest in nearly two years.

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