Reuters: US Dollar Report: Euro slides to more than 2-week low vs dollar

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 slides to more than 2-week low vs dollar Jun 26th 2012, 15:17 NEW YORK, June 26 | Tue Jun 26, 2012 11:17am EDT NEW YORK, June 26 (Reuters) - The euro extended declines against the dollar to hit its weakest in more than two weeks in late morning trade on Tuesday. Spanish bond yields jumped and hopes faded that a European summit later in the week would resolve the region's escalating debt crisis. The euro fell as low as $1.2440 on Reuters data, the lowest since June 8 and breaching support at the June 12 low of $1.2441. It was last down 0.3 percent at $1.2464. The next downside target is the June 1 two-year low of $1.2286.

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