The euro slumped to its lowest level against the dollar since September 2010 and hit an 11-year low versus the yen on Thursday on concerns about eurozone sovereign funding and signs of weakness in the region's banks. The euro fell as low as $1.2776 and was last at $1.2778, down 1.3 percent. The euro has lost around three US cents in the last two days.
The dollar rose against a currency basket to its highest level in a year. The dollar gained 0.6 percent against the yen to 77.16 yen, after trading at a near one-week high of 77.19 yen. The euro traded at 1.2179 Swiss francs, little changed on the day, while the dollar was up 1.2 percent at 0.9525 franc, its highest since mid December.
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