Euro extends losses versus dollar, hits session low

NEW YORK Fri Nov 2, 2012 11:37pm IST

NEW YORK Nov 2 (Reuters) - The euro extended losses against the dollar in afternoon New York trade on Friday as U.S. stocks fell further, boosting demand for safe-haven assets.

The euro fell as low as $1.2825 on Reuters data, below its 200-day moving average at $1.2830. It was last at $1.2831, down 0.9 percent on the day.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

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