Reuters: US Dollar Report: Euro advances to session highs

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Euro advances to session highs Aug 3rd 2012, 10:44 LONDON | Fri Aug 3, 2012 6:44am EDT LONDON Aug 3 (Reuters) - The euro extended gains on Friday as investors cut long dollar positions ahead of U.S. non-farms payrolls data and as Italian and Spanish bond yields reversed an earlier rise on expectations of future European Central Bank intervention. The euro rose to a session high of $1.2270, up 0.7 percent on the day. The euro was also up 0.7 percent against the yen to a high of 96.065 yen.

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