Reuters: US Dollar Report: Euro extends losses vs dollar, falls below $1.24

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro extends losses vs dollar, falls below $1.24 May 30th 2012, 14:45 NEW YORK | Wed May 30, 2012 10:45am EDT NEW YORK May 30 (Reuters) - The euro extended losses against the dollar on Wednesday to trade below $1.24 as Italian borrowing costs soared and concerns mounted over Spain's banking sector. The euro slid as low as $1.2387 on Reuters data, the lowest since July 1, 2010. It was last down 0.8 percent at $1.2402. Losses in U.S. stocks added to the risk-off tone in markets.

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