Reuters: US Dollar Report: Euro falls 1 percent versus yen to hit session low

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 falls 1 percent versus yen to hit session low Nov 7th 2012, 14:22 NEW YORK | Wed Nov 7, 2012 9:22am EST NEW YORK Nov 7 (Reuters) - The euro extended losses against the yen to trade 1 percent lower in early New York trade on Wednesday. European Central Bank President Draghi said the bank expects the euro zone economy to remain weak "in the near term." Fiscal worries after U.S. President Barack Obama's re-election added to the appeal of the low-yielding yen as investors shed risk. The euro hit as low as 101.82 yen on Reuters data and was last at 101.96, down 1 percent on the day.

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