Reuters: US Dollar Report: Euro extends gains versus yen, dollar to hit session high

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Euro extends gains versus yen, dollar to hit session high Sep 25th 2012, 15:09 NEW YORK, Sept 25 | Tue Sep 25, 2012 11:09am EDT NEW YORK, Sept 25 (Reuters) - The euro extended gains against the Japanese yen and U.S. dollar on Tuesday as risk aversion abated after European Central Bank President Mario Draghi offered a vigorous defense of the bank's bond-buying plans. The euro hit a high of $1.2970 and last traded at $1.2964, up 0.3 percent on the day. Against the yen, the euro hit a high of 101.04 and last traded at 100.94, up 0.3 percent on the day. Th euro was earlier weighed by a media report that said Bundesbank lawyers were checking the legality of the European Central Bank's bond-buying plan.

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